HashKey Exchange has received approval from JPMorgan to open customer fund accounts

Hong Kong licensed cryptocurrency exchange HashKey Exchange has received approval from JPMorgan to open client fund accounts. HashKey Holdings stated that these accounts will support client fund segregation and settlement through JPMorgan's banking infrastructure.

HashKey Exchange activated its client fund accounts with DBS Bank in Singapore on June 30, supporting fiat currency deposits, withdrawals, and settlement services. One week ago, HashKey Holdings merged the previously independent HashKey Exchange and HashKey Global applications into a single entry point.

HashKey Holdings went public in Hong Kong last December, raising $206 million through an oversubscribed initial public offering.