HashKey Exchange Lists SUI/USD Pair, Expanding Institutional Access to Sui Network

3 hour ago 2 sources positive

Key takeaways:

  • SUI's regulated listing signals institutional validation of high-performance L1s beyond Ethereum.
  • Exclusive professional access may limit immediate retail impact but enhances SUI's liquidity profile.
  • Watch for similar Hong Kong listings as regulators shape Asia's crypto capital flows.

In a significant development for Asia's regulated digital asset landscape, HashKey Exchange, Hong Kong's largest licensed cryptocurrency platform, will launch the SUI/USD trading pair on February 4, 2026. The listing will be available on both its spot market and over-the-counter (OTC) desk, commencing at 16:00 Hong Kong Time (HKT).

The strategic addition is designed to broaden institutional and professional investor access to the native token of the Sui Network, a high-performance Layer-1 blockchain. Both the spot and OTC markets for the new pair will be available exclusively to professional investors, with the OTC marketplace providing real-time quotes from top liquidity providers. SUI token deposits and withdrawals are already live on the platform, allowing investors to pre-fund their accounts ahead of the launch.

HashKey Exchange operates under Type 1 and Type 7 licenses from Hong Kong's Securities and Futures Commission (SFC). The listing followed a period of rigorous technical integration and compliance review, with SUI meeting the exchange's stringent criteria regarding underlying technology, market capitalization, and liquidity profile.

Market analysts view this move as a logical progression that addresses growing institutional interest in newer, high-performance blockchains. By providing a direct USD pairing within a regulated framework, HashKey reduces friction for funds mandated to operate in compliant environments. The integrated spot and OTC approach is expected to enhance liquidity and price stability for SUI, while potentially paving the way for future SUI-based financial instruments like regulated derivatives.

The development reinforces Hong Kong's evolving position as a regulated hub for digital finance and provides the Sui ecosystem with a credible fiat gateway, potentially attracting more traditional capital.

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