HONG KONG SAR –
Media OutReach Newswire – 8 April 2025 – Hong Kong Virtual Asset Exchange (HKVAX), a Securities and Futures Commission (SFC) licensed virtual asset trading platform, today announced a strategic collaboration with Microsoft Hong Kong through the signing of a Memorandum of Understanding (MOU). This landmark collaboration aims to establish new standards in institutional digital asset trading and strengthen Hong Kong’s position as Asia’s premier virtual asset hub.
The collaboration will focus on three strategic initiatives:
- Next-Generation Cloud and AI Solutions: By using Microsoft Azure’s powerful cloud infrastructure and advanced AI capabilities, HKVAX will deliver lightning-fast, secure, and intelligent trading experiences that set new industry standards.
- Enhanced Security and Trading Infrastructure: The collaboration will create state-of-the-art trading and custody platforms, incorporating advanced blockchain technology to ensure unparalleled security and transparency for investors.
- Web3 Innovation Hub: HKVAX and Microsoft Hong Kong will spearhead Web3 adoption in Hong Kong developing pioneering solutions in DeFi, NFTs, and smart contracts that will open exciting new opportunities for businesses and developers.
“This strategic collaboration with Microsoft Hong Kong marks a significant milestone in our mission to build institutional-grade digital asset infrastructure,” said Dr. Anthony Ng, Co-Founder and CEO of HKVAX. “By combining Microsoft’s technology with our regulatory expertise, we are creating a robust foundation that will elevate Hong Kong’s status as Asia’s leading digital asset hub while maintaining the highest standards of security and compliance.”
“Hong Kong, as one of the global financial centers, continues to nurture a thriving digital asset ecosystem. We are pleased to join force with HKVAX, showcasing our dedication to the dynamic Web3 entrepreneurs in Hong Kong,” said Johnny Tian, Vice President of Microsoft Great China Region. “Together, we look forward to driving the evolution of digital finance, creating a secure, transparent, and efficient environment for the digital assets market within the finance sector.”
As one of Hong Kong’s SFC-licensed virtual asset trading platforms, HKVAX brings deep regulatory expertise and market understanding to this collaboration. The collaboration with Microsoft Hong Kong, a global leader in cloud computing, AI, and enterprise solutions, creates a powerful combination of regulatory compliance and technological innovation that will set new standards in the digital asset space.
This collaboration marks a significant milestone in Hong Kong’s digital finance evolution, as both organizations work together to advance the city’s position as Asia’s premier digital asset hub. By combining HKVAX’s virtual asset capabilities with Microsoft’s enterprise-grade technology, the collaboration will deliver institutional-quality solutions while maintaining the highest standards of security and operational excellence.
Hashtag: #HKVAX
The issuer is solely responsible for the content of this announcement.
