In a strategic move aligning with Hong Kong's push towards Web3 innovation, retail digital solutions provider Multi-Point Digital Intelligence has announced significant steps into the digital asset space. The company has initiated the process of applying for a stablecoin license and has already begun investing in Bitcoin through established regulated platforms.
Strategic Partnership and Bitcoin Acquisition
Multi-Point Digital Intelligence has entered into a strategic cooperation agreement with HashKey Group, a prominent player in the digital asset ecosystem. This partnership, formalized in early February 2025, focuses on several key areas including digital asset trading, Web3 technology development, and blockchain ecosystem enhancement.
As part of this collaboration, the company has successfully opened a trading account on HashKey Exchange and has already executed Bitcoin purchases. These investments were funded exclusively from the company's existing cash reserves, specifically excluding any funds raised through its initial public offering.
This strategic alignment allows Multi-Point Digital Intelligence to leverage HashKey's expertise while developing advanced digital asset service solutions for retail businesses. The partnership represents a significant commitment to integrating blockchain technology into traditional retail operations.
Hong Kong's Regulatory Framework for Digital Assets
Hong Kong has emerged as a progressive jurisdiction for digital asset innovation, implementing clear regulatory guidelines to foster sustainable growth in the Web3 sector. Since October 2022, Hong Kong authorities have introduced comprehensive regulatory policies recognizing Web3's potential in shaping future financial and commercial systems.
The regulatory landscape took a significant step forward with the publication of the Stablecoin Ordinance (Effective Date) Announcement in the Gazette on June 6, 2025. This legislation, set to take effect on August 1, 2025, establishes a licensing regime for regulated stablecoin activities, creating a structured framework for stablecoin operations within Hong Kong.
This regulatory clarity provides companies like Multi-Point Digital Intelligence with the confidence to explore digital asset initiatives while operating within well-defined legal parameters. The licensing system ensures that stablecoin activities meet stringent standards for security and compliance.
Rationale Behind Digital Asset Strategy
Multi-Point Digital Intelligence recognizes the substantial opportunities presented by virtual assets within the Web3 ecosystem. As cryptocurrency adoption continues to expand globally, digital assets are increasingly becoming integral components of diversified investment portfolios.
The company's extensive retail client base faces significant cross-border procurement and local retail payment requirements. Stablecoin payment solutions offer these clients enhanced payment efficiency and reduced transaction costs, addressing practical business needs while improving customer experience.
Beyond immediate practical applications, the company views Hong Kong's Web3 development as an emerging market with substantial growth potential. The supportive regulatory environment combined with increasing mainstream adoption creates favorable conditions for long-term development in this sector.
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Future Development Plans
Multi-Point Digital Intelligence has initiated preparatory work for applying for a stablecoin license, positioning itself at the forefront of payment innovation in retail services. The company plans to continue its collaboration with HashKey Group to develop and implement technical services including stablecoin payment solutions.
The partnership aims to optimize payment systems, enhance consumer experiences, and promote widespread adoption of stablecoins in retail payment scenarios. Both organizations plan to actively participate in pilot projects initiated by Hong Kong regulatory authorities, contributing to the development and普及 of stablecoin technologies.
With healthy cash flow and continuous growth in its core business, Multi-Point Digital Intelligence remains committed to its position as a leading retail digitalization solution provider. The company will continue to serve both domestic and international clients while exploring additional cryptocurrency investment opportunities that align with shareholder interests.
All future cryptocurrency transactions will be disclosed in accordance with the relevant rules of the Hong Kong Stock Exchange's Listing Rules, ensuring transparency and regulatory compliance throughout the company's digital asset journey.
Frequently Asked Questions
What is Multi-Point Digital Intelligence's primary interest in Bitcoin?
The company views Bitcoin as a strategic investment within a diversified portfolio and believes digital assets present significant opportunities in the evolving Web3 landscape. The investment aligns with their goal of providing advanced digital solutions to retail clients.
How does Hong Kong's stablecoin regulation affect businesses?
The Stablecoin Ordinance establishes a clear licensing framework that enables businesses to operate stablecoin-related services with regulatory certainty. This creates opportunities for companies to develop compliant payment solutions that can reduce transaction costs and improve efficiency.
Why would a retail solutions provider invest in cryptocurrency?
Retail clients increasingly require efficient cross-border payment solutions, and cryptocurrency investments represent both a strategic financial position and practical exploration of technologies that can enhance future service offerings.
What are the benefits of stablecoin payments for retail operations?
Stablecoins can significantly reduce transaction costs and processing times compared to traditional cross-border payment methods. They also offer greater transparency and security while providing seamless integration with digital commerce platforms.
Will Multi-Point Digital Intelligence issue its own stablecoin?
While the company is applying for a stablecoin license, specific plans regarding stablecoin issuance will depend on regulatory approvals and market conditions. The current focus is on developing payment solutions that meet client needs.
How does the partnership with HashKey Group benefit Multi-Point Digital Intelligence?
The collaboration provides access to HashKey's established digital asset infrastructure and expertise, accelerating the company's entry into the Web3 space while ensuring compliance with regulatory requirements.