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HashKey Exchange, Hong Kong’s first licensed retail virtual asset exchange, and imToken, a well-established non-custodial crypto wallet, established a strategic partnership aiming to deeply integrate non-custodial wallets with compliant fiat deposit and withdrawal services, leveraging the strengths of both Web2 and Web3, to jointly promote the "Trusted and Trustless" Web3 ecosystem for secure asset management.
Web3 operates in a decentralized manner through incentives, and economic mechanisms, making it 'trustless,' meaning users don't have to rely on any third parties. In contrast, Web2 provides the possibility of using 'trusted' third-party services in areas where Web3 has not yet entered. HashKey Exchange and imToken are working together to advance this vision.
In the “Trusted and Trustless” service, HashKey Exchange will provide imToken users with a trusted and compliant trading platform, while imToken will serve as the official non-custodial wallet in partnership with HashKey Exchange, enabling users to manage and trade virtual assets more easily and independently. We believe that this collaboration will further catalyze the trust and compliance aspect of HashKey Exchange and "Trustless" brand aspect of imToken, breaking down the barriers between fiat and virtual assets, custodial and non-custodial services, and facilitate the unrestricted flow of value under a robust and secure framework.
Livio Weng, COO of HashKey Group, said, "We are excited to partner with imToken, a renowned name in the decentralized wallet space. By combining HashKey Exchange's regulated trading platform with imToken's secure and decentralised capabilities, we aim to bring virtual asset management experience to the next level."
Ben He, CEO and Founder of imToken, said, "Our collaboration with HashKey Exchange represents a significant step forward in creating a seamless and secure ecosystem for Web3 enthusiasts. Together, we empower users to take control of their assets while ensuring they have access to a trusted fiat gateway for a holistic Web3 experience."
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