BitGo and HashKey Cloud have signed a new agreement in Singapore that moves beyond their earlier staking arrangement. The deal covers four critical functions—staking, trading, custody and the tokenisation of traditional assets—creating a more comprehensive service suite for institutional participants in the Asia-Pacific market.
Staking services for institutional clients
Under the agreement, HashKey Cloud will act as a validator on BitGo’s platform, beginning with Ethereum and Solana proof-of-stake networks. The service is limited to qualified institutional customers, giving them access to on-chain rewards without managing validator nodes themselves.
Trading and custody integration
Both firms plan to cooperate on institutional trade flows, leveraging each other's networks to improve liquidity. On the custody front, BitGo will extend its regulated storage infrastructure to HashKey Capital and its related funds, subject to standard onboarding procedures and individual contracts.
Tokenisation of real-world assets
BitGo will also serve as a custody partner for HashKey’s initiatives to tokenise tangible assets. By providing secure storage for tokenised securities, the partnership seeks to bridge conventional finance and blockchain-based markets, offering a regulated bridge for tokenised real-estate, commodities or other assets.
Strategic context in Asia
The collaboration taps into the growing demand for end-to-end crypto infrastructure in Hong Kong, Singapore and surrounding financial hubs. Regulators in these jurisdictions are constructing frameworks that allow established financial institutions to engage with digital assets while adhering to compliance standards. Providers that can blend regulated custody with blockchain-native services are therefore positioned to capture a larger share of institutional activity.
Why it matters
By uniting BitGo’s custody expertise with HashKey’s regional presence and validator capabilities, the partnership addresses a key pain point for institutions: the need for a single, cohesive stack that handles the entire asset lifecycle. This integrated approach could lower entry barriers for traditional finance players, accelerate the adoption of tokenised assets, and intensify competition among crypto service providers in the Asia-Pacific region.
