HashKey Exchange Business Group Co CEO Ru Haiyang: Deutsche Bank has opened a fiat deposit channel for HashKey Exchange

Foresight News
Foresight News|Mar 07, 2025 10:38
According to Foresight News, Ru Haiyang, Co CEO of HashKey Exchange Business Group, stated in an interview with the financial magazine Euromonitor that "Deutsche Bank has recently officially announced the opening of a new fiat deposit channel for HashKey Exchange, focusing on the integration of Hong Kong's Web3 ecosystem development with traditional financial institutions. Looking back at HashKey's development history, the primary challenge in the early stages of the platform was to establish bank partnerships, but now that the business scale has expanded, the core focus has shifted to continuous optimization of user experience." Currently, regardless of which bank end users use, they must log in to their own banking platform to transfer funds to HashKey. The HashKey plan enables users to directly complete deposit functions within their application without skipping endpoints, which will improve user experience and reduce operational friction. HashKey is exploring businesses in traditional banking services that have not yet fully developed in the cryptocurrency field, such as mortgage financing and leveraged trading. In addition, the platform also plans to expand cooperation with banks to provide users with products such as money market funds (MMFs) to help customers improve capital efficiency, while providing cash management tools and fixed income products for cryptocurrency users. In addition, HashKey's banking cooperation landscape is developing towards diversification and depth. Ru Haiyang said, "We look forward to building ecological synergy with institutions that have comprehensive service capabilities in private banking, investment banking, and asset management
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