HashKey Proposes to Acquire Entire Equity Interests in Singapore's APEX
HashKey Holdings has entered a framework agreement to acquire the Singapore-based Asia Pacific Exchange (APEX). The acquisition aims to strengthen HashKey's financial infrastructure and regulatory presence in the Asian institutional market.
Why it matters
This move signals a significant consolidation in the fintech and digital asset space, highlighting the growing importance of regulated financial infrastructure in Asia.
HONG KONG , July 29, 2026 /PRNewswire/ -- HashKey Holdings Limited ("HashKey" or the "Company", Stock Code: 3887) announced that its wholly-owned subsidiary, HKDAG (Singapore) Pte. Ltd, has entered into a non-legally binding Framework Agreement with the Major Shareholder of Asia Pacific Exchange Pte. Ltd. ("APEX") and APEX in relation to a possible acquisition of the entire equity interests in APEX.
APEX and its Group operate a comprehensive and self-contained financial market infrastructure in Singapore. As a licensed derivatives exchange in Singapore, APEX holds the "Approved Exchange (AE)" licence issued by the Monetary Authority of Singapore (MAS). Asia Pacific Clear Pte. Ltd., a member of APEX, holds the "Approved Clearing House (ACH)" license, enabling integrated issuance and settlement capabilities. Under Singapore's stringent regulatory framework, only three market participants currently hold both licences concurrently.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in