HashKey plans to issue 1 billion platform tokens HSK and is expected to be launched on the exchange in the middle of next year

HashKey’s official website shows that its platform currency HSK is expected to be used as a tool to incentivize contributors in the HashKey ecosystem to “drive the growth of the entire ecosystem.” According to the white paper, HashKey plans to issue a total of 1 billion HSKs, 65% of which will be used for ecosystem growth, 30% for employee incentives, and 5% for the company's vault. HashKey COO Livio Weng added that the exchange also plans to list HSK, but this may not happen until the middle of next year. In addition, according to Weng, HashKey is also exploring the practical practice of RWA tokenization. “RWA is becoming an important force in compliant exchanges,” Weng said. “If you want to pursue ‘effective RWA,’ then you have to do it through a licensed exchange.” Weng explained that HashKey, which is licensed to issue and trade security tokens in Hong Kong, is “exploring two important RWA use cases that could have a huge impact on the market.” “We are currently negotiating with the Hong Kong Securities and Futures Commission (on RWA use cases),” Weng said, adding that negotiations with the SFC have entered the “second half.” (The Block)