🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Animoca Brands join forces with HashKey Exchange to advance Web3 synergies

Published 24/01/2024, 11:46 am
© Reuters.  Animoca Brands join forces with HashKey Exchange to advance Web3 synergies

Animoca Brands Corporation Ltd has executed a memorandum of understanding for a strategic partnership with HashKey Exchange, a Hong Kong-based virtual asset exchange.

Under the MoU, both parties will collaborate to establish cooperative opportunities and strategic developments on virtual assets, including providing public education activities about Web3 and the potential listing of certain virtual assets on HashKey Exchange.

As part of the strategic partnership, Animoca will open an account on HashKey Exchange, emphasising a mutual commitment to compliant virtual asset trading.

“Accessible to global audience”

Animoca co-founder and executive chairman Yat Siu said: "Partnering with HashKey Exchange aligns with our mission to make blockchain technology and true digital ownership more accessible to a global audience.

“We look forward to contributing to the vibrant community at HashKey and providing engaging educational content through HashKey Academy."

Animoca Brands and HashKey Group will closely monitor the cutting-edge trends in the digital entertainment economy.

Both parties will leverage innovative technologies such as smart contracts and zero-knowledge proofs, promoting the integration of blockchain technology in the digital entertainment sector.

Stimulate the growth and innovation

HashKey Group COO and HashKey Exchange CEO Livio Weng said: "We are excited to partner with Animoca Brands, a pioneer in blockchain and digital property rights.

"This collaboration is a testament to our commitment to providing diverse and innovative offerings to our users.

"The goal of this partnership is to stimulate the growth and innovation of the digital entertainment industry."

HashKey Group, the parent company of HashKey Exchange, aims to become a key builder of infrastructure in the Asian Web3 digital entertainment ecosystem, contributing to network security and operational efficiency.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.