<p>Hong Kong, February 18, 2025 - HashKey Exchange, Hong Kong's largest licensed virtual asset exchange, has partnered with Deutsche Bank to introduce a new funding channel on the HashKey Exchange platform, further enriching the trading experience for users.</p>
<p>Through this collaboration, Deutsche Bank will provide fiat currency deposit and withdrawal services for HashKey Exchange. This service is based on Deutsche Bank's API virtual account solution. Users can deposit Hong Kong dollars (HKD) or US dollars (USD) directly into a virtual account managed by Deutsche Bank. This adds a new option for users beyond the existing funding channels on HashKey Exchange, enhancing the trading experience.</p>
<p>Ole Matthiessen, Head of Corporate Banking for the Asia Pacific, Middle East, and Africa at Deutsche Bank and Global Head of Cash Management, stated: "We are pleased to assist HashKey in expanding its solution portfolio and enhancing customer experience. Our expertise in serving clients in the fintech, platform, and digital economy sectors enables us to work closely with HashKey Exchange to elevate its operations and achieve long-term growth."</p>
<p>Ru Haiyang, Chief Risk and Compliance Officer of HashKey Group, said: "The partnership with Deutsche Bank is an important step for HashKey Exchange in strengthening its banking relationships. By integrating Deutsche Bank's API-based virtual account solution, we provide users with more flexible and convenient fiat currency deposit and withdrawal services. In the future, HashKey Exchange will continue to expand its banking partnerships, optimize user experience, and always prioritize the safety of user funds."</p>
<p>*Note: As of January 15, 2025, HashKey Exchange ranks 7th in the global exchange rankings on Coingecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.</p>

<div><div>Hong Kong, February 18, 2025 – Hong Kong's largest licensed virtual asset exchange, HashKey Exchange, has partnered with Deutsche Bank to introduce a new deposit channel on the HashKey Exchange platform, further enriching the trading experience for users.</div><div>&nbsp;</div><div>Through this collaboration, Deutsche Bank will provide fiat currency deposit and withdrawal services for HashKey Exchange. Users can directly deposit Hong Kong dollars (HKD) or US dollars (USD) into a virtual account managed by Deutsche Bank. This adds a new option for users beyond the existing deposit channels on HashKey Exchange, enhancing the trading experience. The service is based on Deutsche Bank's API virtual account solution.</div><div>&nbsp;</div><div>Ole Matthiessen, Head of Corporate Banking for Asia Pacific, Middle East, and Africa at Deutsche Bank, and Global Head of Cash Management, stated: "We are pleased to assist HashKey in expanding its solution portfolio and enhancing the customer experience. Our expertise in serving clients in the fintech, platform, and digital economy sectors enables us to work closely with HashKey Exchange to elevate its operations and achieve long-term growth."</div><div>&nbsp;</div><div>Ru Haiyang, Chief Risk and Compliance Officer of HashKey Group, expressed: "The partnership with Deutsche Bank is a significant step for HashKey Exchange in strengthening its banking relationships. By integrating Deutsche Bank's API-based virtual account solution, we provide users with a more flexible and convenient fiat deposit and withdrawal service. In the future, HashKey Exchange will continue to expand banking partnerships, optimize user experience, and prioritize the safety of user funds."</div><div>&nbsp;</div><div>*Note: As of January 15, 2025, ranked 7th in the Coingecko global exchange rankings, making it the highest-ranked licensed virtual asset exchange in Hong Kong.</div><div>&nbsp;</div><div>About Deutsche Bank</div><div>Deutsche Bank provides retail and private banking, corporate and transaction banking, loans, asset and wealth management products and services, as well as focused investment banking services to individuals, small and medium-sized enterprises, corporations, governments, and institutional investors. It is Germany's leading bank, with a strong European foundation and a global network.</div><div>&nbsp;</div><div>About HashKey Exchange:</div><div>HashKey Exchange aims to set a new benchmark for virtual asset exchanges in compliance, fund security, and platform safety. Hash Blockchain Limited (HashKey Exchange) is one of the first licensed retail virtual asset exchanges in Hong Kong. It has been approved by the Hong Kong Securities and Futures Commission (SFC) and holds licenses under the Securities and Futures Ordinance for Type 1 (Securities Trading), Type 7 (Providing Automated Trading Services), as well as a license for operating a virtual asset trading platform under the Anti-Money Laundering Ordinance, ensuring compliant operation of the virtual asset trading platform. As the flagship business of HashKey Group, HashKey Exchange provides one-stop virtual asset trading services for professional investors (PIs) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. To comply with laws and regulations, HashKey Exchange does not provide services to users in mainland China, the United States, and certain other jurisdictions. This material has not been reviewed by the Securities and Futures Commission.Our expertise in serving clients in the fields of financial technology, platforms, and the digital economy enables us to work closely with HashKey Exchange, helping its operations reach new heights and achieve long-term development.”</div><div>&nbsp;</div><div>HashKey Group's Chief Risk and Compliance Officer, Ru Haiyang, stated: “The partnership with Deutsche Bank is an important step for HashKey Exchange in strengthening its banking relationships. By integrating Deutsche Bank's API-based virtual account solutions, we provide users with a more flexible and convenient fiat deposit service. In the future, HashKey Exchange will continue to expand its banking cooperation channels, optimize user experience, and always prioritize the safety of users' funds.”</div><div>&nbsp;</div><div>*Note: As of January 15, 2025, it ranks 7th in the Coingecko global exchange rankings, making it the highest-ranked licensed virtual asset exchange in Hong Kong.</div><div>&nbsp;</div><div>About Deutsche Bank</div><div>Deutsche Bank provides retail and private banking, corporate and transaction banking, loans, asset and wealth management products and services, as well as focused investment banking services to individuals, small and medium-sized enterprises, corporations, governments, and institutional investors. Deutsche Bank is Germany's leading bank, with a strong European foundation and a global network.</div><div>&nbsp;</div><div>About HashKey Exchange</div><div>HashKey Exchange is committed to setting new benchmarks for virtual asset exchanges in compliance, fund protection, and platform security. Hash Blockchain Limited (HashKey Exchange) is one of the first licensed retail virtual asset exchanges in Hong Kong. It has obtained approval from the Hong Kong Securities and Futures Commission (SFC) and holds a license to operate a virtual asset trading platform under the Securities and Futures Ordinance for Type 1 (Securities Trading), Type 7 (Providing Automated Trading Services), as well as a license under the Anti-Money Laundering Ordinance. It operates a compliant virtual asset trading platform. As the flagship business of HashKey Group, HashKey Exchange provides one-stop virtual asset trading services for professional investors (PIs) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. To comply with laws and regulations, HashKey Exchange does not provide services to users in mainland China, the United States, and certain other jurisdictions. This material has not been reviewed by the Securities and Futures Commission.Our expertise in serving clients in the fintech, platform, and digital economy space positions us strongly to partner with HashKey Exchange to take its operations to the next level and grow for the long term.

Hai Yang Ru, Chief Risk Officer of HashKey Group, stated: "Our collaboration with Deutsche Bank marks a significant step in strengthening HashKey Exchange’s banking relationships. By integrating Deutsche Bank's API-based virtual account solution, we are enhancing the flexibility and convenience of fiat deposit services for our users. HashKey Exchange remains committed to expanding its banking partnerships, improving user experience, and ensuring the highest standards of security for user funds."

*As of January 15, 2025, HashKey Exchange ranks seventh on CoinGecko’s global exchange list and is the highest-ranked licensed virtual asset exchange in Hong Kong.

About Deutsche Bank

Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services, as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments, and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

About HashKey Exchange

On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, HashKey Exchange (HBL) was granted a license as a virtual asset exchange to provide retail services in Hong Kong. HashKey Exchange has received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in securities) license, Type 7 (Providing automated trading services) license, and Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) license. As HashKey Group's flagship exchange business, HashKey Exchange provides trading services for both professional investors (PI) and retail investors.HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. HashKey Exchange does not service users from Mainland China, the United States, and certain other jurisdictions in compliance with laws and regulations. This material has not been reviewed by the Securities and Futures Commission of Hong Kong or any other regulator.</div><div>Stay tuned for more details about HashKey Exchange. Follow us on Twitter and LinkedIn. For media inquiries and more information, please contact: HashKey Exchange Yvonne PR Manager yvonne.wang@hashkey.com</div><div><a href="https://support.hashkey.com/hc/en-gb/articles/34286118049945-HashKey-Exchange-News-Release-Standard-Terms-and-Disclaimers">Disclaimers</a></div></div>

HashKey Exchange announces a partnership with Deutsche Bank to expand users' fiat deposit channels.