Digital asset firm Hashkey Group has launched a new wealth management arm, Hashkey Wealth, in a bid to expand its reach to professional and accredited investors. The service will also target institutions and family offices to tap into the growing demand for digital assets among these investors.

To cater to professional investors, HashKey has expanded its over-the-counter (OTC) service by increasing its liquidity coverage and range of tokens in the spot market. Hashkey has also received approval from Hong Kong's Securities and Futures Commission (SFC) to manage portfolios that are 100% invested in crypto, after obtaining a Type 9 asset management license.