HashKey Launches Crypto Ratings Initiative in Hong Kong
HashKey, a Hong Kong fintech firm specializing in digital assets, has launched a new crypto and exchange rating program, developed in partnership with Hong Kong Virtual Asset Rating Company. The move is part of a process of greater transparency and regulatory alignment in the city’s nascent virtual asset market.
A Step Towards Better Market Integrity
Released via an X post on March 27, the project provides three core services: virtual asset ratings, exchange ratings, and virtual asset indices. The tools are designed to provide exchanges and investors with objective, quantitative benchmarks that reflect levels of risk and performance.
HashKey said the aim is to encourage a cleaner, compliant trading ecosystem and facilitate Hong Kong’s positioning as a leading international center for digital assets.
SFC Increases Oversight of Virtual Assets
The action follows on the heels of more stringent regulatory efforts by Hong Kong’s Securities and Futures Commission (SFC). The SFC in its 2025–26 budget proposed an extra 15 positions, eight of which are aimed at regulation, enforcement, and market surveillance of virtual assets.
Strategic Growth Supported by Investment
HashKey recently received $30 million in funding from Gaorong Ventures, pegging the firm at $1.5 billion. This comes shortly after HashKey Capital received a license to manage crypto investment products for high-net-worth investors under the SFC regime.
With the new regulatory support and strategic actions like the ratings system, HashKey is paving the way to decide the fate of crypto regulation and investor protection in Hong Kong.
