KUN made its debut at Hong Kong FinTech Week, collaborating with Hashkey to explore the empowerment of the real economy through Web3.0

Author: KUN, Hashkey

On November 2, on the first day of Hong Kong FinTech Week, the global leading enterprise-level Web3 trading service provider "KUN" reached a strategic cooperation agreement with the Hong Kong licensed virtual asset exchange HashKey Exchange in Hong Kong. This is also KUN's first appearance in Hong Kong, where the company will launch a one-stop Web3.0 trading service solution for enterprise users.

Starting from "Web3.0 New Capital" Hong Kong, KUN is committed to empowering the real economy with a new generation of global Web3 digital payment networks. It will gradually build five major product matrices: an intelligent global trading system, an integrated account wallet system, a financial-grade stablecoin operation network, an enterprise-level compliance risk control system, and a high-performance trading-grade public chain, establishing a compliant and convenient trading bridge between global fiat currencies and mainstream cryptocurrencies. With safe and compliant technical solutions, it will provide instant and convenient Web3.0 trading services for enterprise clients in cross-border e-commerce, overseas gaming, service trade, and more.

Dr. Xiao Feng, Chairman of HashKey Group, stated at the press conference that as a company based in Hong Kong, the cooperation between HashKey and KUN will not be limited to HashKey Exchange but will be embedded in the entire HashKey ecosystem. "Currently, the stablecoin we are deeply discussing with regulatory authorities is just an existing opportunity; the future of Web3 will be vast and boundless."

KUN's Chief Advisor Chen Yu expressed that the significance and opportunity of KUN's establishment lie in finding real landing scenarios for Web3. "Based on the real needs of various merchants in cross-border e-commerce, overseas gaming, and other fields, KUN aims to use Web3 to solve the demands of enterprises operating in the real economy, such as improving the efficiency of cross-border settlements and helping them manage overseas assets effectively."

Regarding specific implementations, KUN's founder and CEO Liu Jialiang stated that the company will develop a one-stop Web3.0 trading service solution driven by five major technical systems, gradually supporting enterprise clients to achieve global account opening, global routing, and global trading. "Currently, there are already enterprises from cross-border e-commerce, digital entertainment, overseas gaming, service trade, and other real scenario businesses joining the first batch of partners in KUN's ecosystem, and they will be the first to experience KUN's products."

KUN's Five Major Technologies Building the Trading Bridge

On November 2, KUN's CEO Liu Jialiang revealed that starting from December this year, KUN's Web3.0 trading service solution will gradually reach enterprise users through five major technical systems.

Among them, the core of KUN's Web3.0 trading solution is the built-in enterprise-level compliance risk control system. In addition to strictly adhering to global regulatory requirements such as KYC/KYT/AML standards, KUN's self-developed integrated account wallet system—KUN Wallet—can also enable a secure cold and hot wallet system and enhance security services with insurance to safeguard clients' funds.

"KUN will build a trading bridge between fiat currencies and cryptocurrencies for global enterprise clients through the Web3.0 trading service solution," Liu Jialiang emphasized KUN's long-term positioning, "with a compliant, safe, and convenient Web3.0 product experience, empowering the real economy in a comprehensive and multi-scenario manner."

Liu Jialiang revealed that on December 1, KUN will officially open the registration for the first batch of client trading applications.

Empowering Web2.0 Scenarios with Web3.0 Open Ecology

As a company in the Web3.0 payment sector, KUN's business system not only releases the ecological thinking of Web3.0 but also reflects the product awareness of Web2.0, thanks to KUN's consistent philosophy of cooperation and openness.

At the press conference, KUN and HashKey Exchange reached a strategic cooperation, focusing on providing clients with a safer, compliant, and more convenient new way of Web3.0 payments to meet the growing market demand.

Regarding this cooperation, KUN's founder and CEO Liu Jialiang candidly stated that as a latecomer to Web3, KUN must stand on the shoulders of giants when conducting business. "We are part of the entire HashKey ecosystem, bringing various resources accumulated during KUN's construction process, and striving to open, share, and achieve win-win outcomes in the Web3 ecosystem."

At the signing ceremony, Dr. Xiao Feng, Chairman and CEO of HashKey Group, also welcomed KUN's joining, emphasizing that companies like KUN, which have scenario accumulation and real customer needs, are important partners for HashKey. As a benchmark enterprise in the Hong Kong cryptocurrency field, HashKey will also support KUN in bringing Web3 to the real economy and practical scenarios from the entire ecosystem's business.

In addition to the cooperation with HashKey, KUN also completed the launch ceremony for the first batch of partners at the press conference, including over 20 companies such as the cultural digital platform Unique Art, cross-border ecological payment service provider Skyee, overseas enterprise payment service provider Honor Global, and overseas entertainment company Wandering Digital.

Among them, Skyee's Vice President Hao Xiyang expressed his company's strong demand for KUN's products. He introduced that as the overseas business spreads across various countries and regions, transactions have become more complex. "Constrained by local trade policies, customs policies, foreign exchange policies, etc., traditional centralized cross-border payment transaction networks, transaction methods, payment tools, and means have become inadequate."

How to make cross-border clearing and settlement more globalized, safer and compliant, more efficient and convenient, and more conducive to cost reduction and efficiency improvement is a challenge for companies like Skyee. "I believe that the one-stop Web3.0 trading service solution provided by KUN today gives us the answer; they will help us solve these problems, allowing us to focus more on our core business."

Strong Compliance Standards Safeguarding Enterprise Fund Security

Based on various industry scenarios and entering the enterprise-level trading service mediated by Web3.0 technology, KUN places great importance on compliance and security, not only to meet Hong Kong's stringent compliance requirements for Web3.0 but also out of concern for customer safety.

For multinational and overseas enterprises, the B2B cross-border payment and settlement process often involves complex regulatory systems. To this end, KUN adopts a strategy of strong external alliances and strict internal risk control to ensure the safety and compliance of the entire solution.

"Safety and compliance are the key points emphasized by KUN." KUN's Chief Advisor Chen Yu stated that since KUN aims to provide Web3.0 trading services based on real scenarios, it must adhere to the principles of privacy and trust emphasized in Web3 consensus while also meeting compliance requirements, so that it can go far and become a sustainable enterprise.

Currently, cryptocurrency payments and transactions between fiat and cryptocurrencies have become the largest market for Web3 applications, but there are not many companies that have undergone large-scale business tests.

"At least there should be trillions of funds running through the entire payment transaction process on Web3 products every day to verify whether they can withstand anti-money laundering and compliance system tests. The operational experience and thresholds accumulated over time can truly ensure that a business can be established." Chen Yu believes that the compliance and business accumulation that KUN emphasizes will become its greatest advantage as a Web3.0 trading service provider.