ChainCatcher news, Hong Kong's largest licensed virtual asset exchange HashKey Exchange, in collaboration with the Greater Bay Area Financial Association, held a high-end institutional summit in Central, Hong Kong, themed "How Global Changes Affect Asset Allocation." Attendees included Dr. Hong Wen, a member of the Hong Kong Legislative Council, Dr. Xiao Feng, Chairman and CEO of HashKey Group, Wang Long, President of the Greater Bay Area Financial Association, and Weng Xiaoqi, COO of HashKey Group and CEO of HashKey Exchange, who all delivered speeches.Dr. Xiao Feng stated, "Research from university papers shows that incorporating Bitcoin into an asset portfolio can not only significantly reduce the overall portfolio risk but also enhance the risk-adjusted returns, which are quite considerable. With the clarity of global compliance, financial institutions can allocate products.Specifically, in terms of business, HashKey Group is committed to providing comprehensive virtual asset and related services for institutional investors and retail users. Geographically, we have institutions and operations in Hong Kong, Singapore, and Tokyo; vertically, we offer a full range of services from infrastructure construction, cloud services, venture capital support, to helping companies design compliant legal structures and economic models. These are our core businesses and main support points. In terms of trading, we have exchanges in Hong Kong and OTC licenses in Singapore and Tokyo.Currently, the entire HashKey Group has nearly 600 employees distributed across six different countries and regions. This team configuration enables us to provide very professional and attentive services to our clients. Overall, HashKey Group hopes to leverage our expertise and global presence to offer clients the most suitable asset allocation solutions, helping them achieve better returns in an ever-changing market."

ChainCatcher news, the lending protocol Singular under Singular Labs has surpassed 10,000 test transactions, with over 10,000 users completing more than 15,000 lending transactions. Next, Singular will officially launch its mainnet and will introduce the first RWA product backed by assets under CICC Hong Kong in mid-October.In addition, Singular Labs has been selected for the All Things Creation Camp initiated by Dr. Xiao Feng and others, to accelerate the growth of the project and jointly build a new ecosystem of NFT FI and RWA.