A key seat on Wall Street has just been filled by a player from the East. HashKey Exchange has officially joined the Depository Trust & Clearing Corporation’s (DTCC) Digital Assets Advisory Services Industry Working Group. This move makes HashKey the first Asian crypto company to enter the digital assets working group.
Inside the DTCC-formed group, they are directly rubbing shoulders with major players. HashKey now sits alongside more than 100 global financial institutions and asset managers. Wall Street heavyweights such as JPMorgan Chase, Goldman Sachs, Nasdaq, and NYSE have already secured memberships.
$114 Trillion Custody Giant Pivots to Blockchain
DTCC plays a crucial role as core post-trade infrastructure for traditional financial markets. The custody institution manages $114 trillion in liquid assets. Its custody scope covers various major instruments, including equities and ETFs across global markets.
The organization holds a firm timeline for expanding into blockchain. Initial access to tokenized securities products is scheduled to launch in October 2026. The rollout plan runs in tandem with standard-setting efforts by the industry working group that recently welcomed HashKey.
Special Relief and Green Light from the SEC
The foundation for the October launch was built late last year. In December 2025, the SEC paved the way by issuing a ‘no action letter’ to a DTCC subsidiary. The legal relief document ensures the entity can safely offer tokenization services for new securities markets without the threat of regulatory enforcement.
SEC Chair Paul Atkins confirmed that the green light for DTCC’s pilot program is merely an initial stage. The capital markets regulator is preparing further policy steps. Atkins affirmed that his agency will consider granting an ‘innovation exemption’ status.
The regulatory exemption is designed to allow infrastructure developers to work with greater focus. The safe harbor framework is expected to ease technical efforts to transition traditional financial markets toward blockchain architecture without being immediately weighed down by heavy compliance requirements.
What Does This Mean for Asia?
The formulation of governance for securities tokenization, previously concentrated in the West, is gradually shifting. HashKey’s inclusion is viewed as formal recognition of Asia’s leverage within the global tokenization ecosystem. Industry players from the region finally have a direct voice as the blueprint for new market architecture is being drawn up.
Source: Cointelegraph.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
