Key Highlights
- HSK is now live on Hong Kong’s largest licensed exchange, enabling regulated trading and stronger ecosystem liquidity.
- 65% of HSK supports ecosystem growth, with gradual release to fund projects, marketing, and trading campaigns long-term.
- The listing strengthens practical use of HSK, connecting contributors, developers, and users across the HashKey ecosystem.
HashKey Exchange, Hong Kong’s largest trading platform, officially listed HSK at 4 pm (UTC+8) on February 25, 2026. HSK is the platform’s ecosystem token and now trades exclusively for eligible professional investors.
As per the release, deposits and withdrawals for HSK are now open on both HashKey Chain and the Ethereum network (ERC20). With this listing, HSK becomes available on Hong Kong’s largest licensed digital asset exchange, allowing the token to circulate in a regulated way and helping boost liquidity across the ecosystem.
But the listing does more than just enable trading. HSK actively supports many parts of the HashKey ecosystem, including trading platforms, investment and asset management, tokenization, and other digital services.
It also serves as the native token on HashKey Chain, covering transaction fees on the blockchain. As a result, the listing makes it easier for contributors, developers, and users to connect and work together both inside and outside the HashKey ecosystem.
HSK token allocation and distribution
HSK has a total supply of 1 billion tokens. Most of these, about 65% or 650 million, are set aside to help the ecosystem grow. So far, around 267.5 million tokens have already been released to support development and expansion.
The HashKey team holds 30%, which is roughly 300 million tokens, and nearly 100 million of these have been distributed. A smaller portion, 5% or 50 million tokens, is kept in reserve for future use. Importantly, no single wallet holds more than 5% of the total supply, and there have been no token buybacks or burns so far.
The token release schedule is intended to allow for the gradual release of HSK tokens in order to support long-term growth. A small percentage of the tokens was released shortly after the Token Generation Event (TGE), and the majority of the tokens will be released in the following years to support projects, trading campaigns, airdrops, and marketing.
Only 2% of the total token supply is set aside for market making liquidity, indicating a balance in token release and growth.
Strategic ecosystem expansion
Michelle Cheng, Managing Director of HashKey Exchange, emphasized on practical applications. She said, “As real-world asset tokenization and institutional-grade digital asset applications continue to progress, market demand for compliant, auditable, and accountable blockchain infrastructure has soared.” Hence, listing HSK connects trading channels and liquidity, supporting broader ecosystem development.
The HSK listing comes right after HashKey Group introduced its Real-World Asset (RWA) One-Stop Issuance Solution. This new platform, led by HashKey Tokenisation, connects traditional finance with digital markets, making it easier to create and trade digital versions of real-world assets.
As Dr. Xiao Feng, Chairman and CEO, explained, “RWA is the essential bridge to the future of finance. Our one-stop solution leverages Hong Kong’s unique institutional strengths to build a high-efficiency channel for asset tokenization.”
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