HashKey Exchange, Hong Kong’s largest licensed virtual asset trading platform, has announced a strategic partnership with IVD Medical Holdings Limited (1931.HK), a publicly listed company on the Hong Kong Stock Exchange. The collaboration aims to drive enterprise-level digital asset adoption and explore innovative models for integrating blockchain technology with industrial capital.
In a groundbreaking move, IVD Medical has purchased HK$149 million worth of Ethereum (ETH) through HashKey Exchange, becoming one of the first Hong Kong-listed companies to establish an Ethereum treasury. This landmark transaction underscores the company’s commitment to embracing blockchain innovation as part of its long-term business strategy.
Through this partnership, IVD Medical will gain access to HashKey Exchange’s advanced trading and liquidity services, enabling efficient and secure management of its digital asset portfolio. The key areas of collaboration include:
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Block Trade Execution: Access to efficient and cost-effective ETH transactions via HashKey OTC.
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Liquidity Provision: Support for large-scale transactions through HashKey’s global liquidity network.
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Asset Optimization: Exploration of yield-enhancement strategies, including ETH staking, restaking, and DeFi yield options, in collaboration with HashKey Cloud, the Web3 infrastructure arm of HashKey Group.
Randall Chan, Vice President of HashKey Exchange, highlighted the significance of the deal:
“IVD Medical’s forward-looking move into digital assets demonstrates how traditional industries are embracing innovation to drive growth. We are committed to maintaining the highest standards of compliance, security, and transparency, and we look forward to supporting IVD Medical in building its Ethereum treasury and exploring tokenization opportunities within healthcare assets.”
Gary Deng, Chief Strategy Officer of IVD Medical, emphasized the transformative nature of the partnership:
“The digital economy is the engine of future growth, and traditional industries must actively integrate to stay ahead in this wave of technological transformation. Through this collaboration, we aim to strengthen resilience, enhance shareholder value, and position IVD Medical as a leading Ethereum Treasury player in the region.”
This alliance not only positions IVD Medical at the forefront of blockchain adoption among healthcare companies but also reinforces Hong Kong’s status as a global hub for financial innovation.