HashKey Appointed as Authorized Distributor for HKDAP

Anchorpoint Financial has appointed HashKey Exchange as an authorized distributor for its Hong Kong dollar-backed stablecoin HKDAP. This move gives eligible institutions and professional investors access to minting, redemption, and fiat conversion during the token's beta rollout.

The appointment follows months of technical and regulatory preparation by Anchorpoint. The company received a stablecoin issuer license from the Hong Kong Monetary Authority in April 2026, alongside HSBC.

HKDAP is designed as a payment and settlement instrument rather than a speculative trading token. Anchorpoint began the first stage of the HKDAP rollout with access limited to institutional distributors, corporate users, and professional investors.