TL;DR:
- HashKey launched Professional, an institutional-grade platform that unifies buying and selling, custody and brokerage companies for digital belongings.
- The platform operates beneath a VARA license in Dubai and contains an omnibus account construction for banks, brokers and asset managers serving their very own purchasers.
- HashKey Professional presents totally insured custody, ISO 27001 and 27701 certifications, and compatibility with FIX 4.4 and 5.0 SP2 protocols.
HashKey MENA introduced the launch of Professional, a full-service platform designed completely for monetary establishments in search of entry to the digital asset market by a regulated and operationally sturdy infrastructure. The providing targets brokers, banks, asset managers and different skilled corporations that till now lacked a unified resolution tailor-made to their operational requirements.
HashKey Professional integrates right into a single system order e book buying and selling, OTC request-for-quote operations, custody, omnibus account assist and API connectivity. The omnibus account mannequin permits traders to function by their very own monetary establishments, whereas these establishments preserve a centralized account with HashKey Professional and channel all buying and selling and custody exercise by it.
Ben El-Baz, Managing Director of HashKey MENA, said the platform’s goal plainly: “Establishments don’t want one other retail-style venue dressed up for skilled customers. They want infrastructure that displays how institutional markets really function.”
HashKey Professional Targets Infrastructure, Not the Product
On the safety aspect, the platform presents custody with full insurance coverage protection, twin ISO 27001 and ISO 27701 certifications, and asset safety in scorching wallets beneath HSM FIPS 140-2 Stage 3 requirements. On the technical integration entrance, it contains assist for the FIX protocol in variations 4.4 and 5.0 SP2 with drop-copy performance, REST API and WebSocket entry, and 24-hour institutional buyer assist.
The platform may even provide on-and-off ramp operations by fiat-to-digital asset buying and selling pairs, together with assist for high-volume block trades through the OTC interface with settlement inside the system itself.
HashKey MENA FZE is an entity licensed by the Digital Property Regulatory Authority of Dubai, VARA, approved to present trade and broker-dealer companies. The corporate is working to strengthen its institutional digital asset infrastructure within the United Arab Emirates and the Center East and North Africa area.
