Hashkey joins DTCC working group as first Asian crypto service provider

Summary

HashKey has become the first Asian digital asset service provider to join DTCC’s Digital Assets Advisory Services Industry Working Group. The group now includes more than 100 major financial institutions and asset managers, such as JPMorgan Chase, Goldman Sachs, Nasdaq, and the NYSE, and is focused on defining how tokenized assets are issued, settled, and safeguarded at institutional scale. DTCC, a major post-trade infrastructure provider, created the group to bridge traditional finance and DeFi infrastructure and plans to launch access to tokenized securities in October. The move follows recent SEC support for DTCC-related tokenization efforts, including a “no action” letter to a DTCC subsidiary and signals from SEC Chair Paul Atkins that the agency may pursue an innovation exemption to help bring markets onchain with fewer regulatory barriers.