HashKey joins DTCC tokenization working group as first Asian crypto service provider

HashKey has joined the Depository Trust & Clearing Corporation’s (DTCC) working group focused on innovation in tokenization, according to Cointelegraph. The company is the first Asian crypto service provider to become a member of the group. HashKey joins more than 100 financial institutions participating in the initiative, including Goldman Sachs and JPMorgan. The working group brings together firms examining developments related to tokenization, a process involving the representation of assets or financial interests on blockchain networks. The membership places HashKey alongside major global financial institutions in the DTCC-led group. The announcement adds to HashKey’s profile in the digital-asset industry, while also highlighting the participation of established financial firms in discussions around tokenization innovation.