Hashkey launches CaaS service: stablecoin market is expected to reach $2.8 trillion in 2028

Zhitong Finance App learned that Li Chen, CEO of HashKey's on-chain business group, said at the press conference that the global crypto asset management scale (AUM) has exceeded 120 billion US dollars in 2024, the stablecoin market is expected to reach 2.8 trillion US dollars in 2028, and the tokenization of real world assets (RWA) is expected to reach 16 trillion US dollars in 2030. Additionally, HashKey Group announced the official launch of a one-stop service platform—HashKey Crypto-as-a-Service (CaaS). The platform aims to “lower the Web3 access threshold and connect traditional finance with digital finance” to help institutional customers quickly, safely, and in a compliant manner enter a new era of digital assets.

HashKey CaaS will rely on the Group's key RWA and the financial public chain HashKey Chain to fully integrate HashKey Group's core capabilities such as on-chain services, asset tokenization, liquidity, institutional-level escrow and security systems to help financial institutions complete the digital asset business layout at a lower cost, shorter cycle, and higher efficiency.

HashKey Group has obtained digital asset licenses in Singapore, Dubai, Japan, Bermuda, etc., and has deployed key markets such as Europe and the United Arab Emirates.

The HashKey CaaS service uses an asset tokenization engine to achieve full life cycle support from legal structure design, smart contract development, asset issuance, asset distribution, and subsequent management, significantly simplifying the on-chain deployment process; and combines DAT/ETF Staking Pro to help institutions activate the benefits of growth in the asset chain.

Li Chen said at the launch ceremony, “CaaS is not only an innovation in service models, but also a declaration that HashKey adheres to the position of 'a bridge between traditional finance and the crypto world'. We hope that through open infrastructure and ecological resources, every bank, brokerage, and asset management institution can embrace the digital asset era with lower risk and higher efficiency, so investing in infrastructure for value and block innovation makes digital assets within reach. Only by connecting Web2 users through CaaS can Web3 technology truly serve the real economy and financial innovation, and provide reliable digital asset services to one billion users around the world.”