HashKey Exchange Wins JPMorgan Approval to Open a Client Money Account

TL;DR

• HashKey Exchange received JPMorgan approval to open a client money account supporting customer fund segregation and settlement through the bank’s infrastructure for regulated crypto operations.
• The move follows a DBS customer funds account launched June 30, strengthening HashKey’s banking relationships across major Asian and global financial centers.
• HashKey recently merged its Exchange and Global apps, while its parent raised $206 million in a Hong Kong IPO, reinforcing its institutional strategy.

HashKey Exchange has received approval from JPMorgan Chase to open a client money account, giving the Hong Kong-licensed crypto platform access to banking infrastructure designed for segregating customer funds and supporting settlement. Parent company HashKey Holdings announced the approval on Monday. The significance lies less in opening another bank account than in securing acceptance from a major global institution for regulated crypto operations. The arrangement places client assets within a clearer operational boundary, an important distinction for an industry where questions about custody, settlement and the separation of company and customer money remain persistent.

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