🔵HashKey Exchange announces partnership with Deutsche Bank to expand user fiat deposit channels

DeThings February 18, Hong Kong, February 18, 2025 — Hong Kong's largest licensed virtual asset exchange, HashKey Exchange, has partnered with Deutsche Bank to introduce a new fiat deposit channel on the HashKey Exchange platform, further enhancing user trading experience.

Through this partnership, Deutsche Bank will provide HashKey Exchange with fiat currency deposit and withdrawal services. This service is based on Deutsche Bank's API virtual account solution. Users can directly deposit Hong Kong dollars (HKD) or US dollars (USD) into virtual accounts managed by Deutsche Bank. This offers users a new option beyond HashKey Exchange's existing deposit channels, improving the overall trading experience.

Ole Matthiessen, Head of Corporate Bank APAC, Middle East, and Africa at Deutsche Bank, and Global Head of Cash Management, stated: "We are delighted to assist HashKey in expanding its solution portfolio and enhancing customer experience. Our expertise in serving clients in the financial technology, platform, and digital economy sectors enables us to work closely with HashKey Exchange, helping elevate its operations to new levels and achieve long-term growth."

Ru Haiyang, Chief Risk and Compliance Officer of HashKey Group, commented: "The partnership with Deutsche Bank is an important step for HashKey Exchange in strengthening its banking partnerships. By integrating Deutsche Bank's API-based virtual account solution, we provide users with more flexible and convenient fiat deposit and withdrawal services. In the future, HashKey Exchange will continue to expand its banking partnership channels, optimize user experience, and always prioritize the security of user funds."