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Tuesday, June 09, 2026
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Deutsche Bank Helps HashKey Exchange to Expand Fiat Deposit Channels

Deutsche Bank has helped its client HashKey Exchange, Hong Kong’s largest licensed  virtual asset exchange, to launch a new fiat deposit channel, enhancing user experience  on the exchange’s platform.  

Deutsche Bank will provide fiat currency deposit services to HashKey, effective  immediately. Clients of HashKey can directly deposit Hong Kong dollars or US dollars into  virtual accounts managed by Deutsche Bank, offering an alternative to existing deposit  options on HashKey’s Exchange. This service leverages Deutsche Bank’s API-based  virtual account solution.  

Ole Matthiessen, Head of Corporate Bank for Asia Pacific and Middle East & Africa and  Global Head of Cash Management said: “We are delighted to help HashKey expand its  suite of solutions and enhance the experience of its customers. Our expertise with serving  clients in the fintech, platform and digital economy space positions us strongly to partner  with HashKey to take its operations to the next level and grow for the long-term.”  

Hai Yang Ru, Chief Risk Officer of HashKey Group said: “Our collaboration with Deutsche  Bank marks a significant step in strengthening HashKey Exchange’s banking relationships.  By integrating Deutsche Bank’s API-based virtual account solution, we are enhancing the  flexibility and convenience of fiat deposit services for our users. HashKey Exchange remains  committed to expanding its banking partnerships, improving user experience, and ensuring  the highest standards of security for user funds.” 

As of January 15, 2025, HashKey Exchange ranked seventh on CoinGecko’s global  exchange list. It is the highest-ranked licensed virtual asset exchange in Hong Kong.

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