HashKey Exchange Launches Visa Credit Card and Plans APEX Acquisition

1 hour ago 2 sources positive

Key takeaways:

  • HashKey's infrastructure play signals deepening institutional crypto integration after years of regulatory groundwork.
  • The APEX acquisition could spur derivative liquidity, benefiting tokens with active futures markets like BTC and ETH.
  • Visa card crypto rewards may drive retail trading volumes, a structural tailwind for HashKey’s exchange ecosystem.

HashKey Exchange, a prominent digital asset platform, has made two major moves to bridge traditional finance and crypto: launching a co-branded Visa credit card with spending rewards and announcing plans to acquire Singapore’s APEX exchange.

Shacom HashKey Credit Card — introduced on July 28, 2026 — is described as one of Asia’s first Visa cards issued jointly by a bank and a licensed digital asset exchange. Cardholders earn up to 4% spending rewards on overseas purchases and can receive a welcome gift of HKD 1,200. Instead of conventional points, rewards are automatically converted into HashKey HKD Cash Vouchers each month, which users can deposit into their HashKey Exchange accounts and redeem for crypto trading. The card aims to make digital assets a practical tool for everyday spending while remaining within a regulated framework.

On the same day, HashKey Holdings revealed it intends to acquire Asia Pacific Exchange (APEX), a Singapore-regulated derivatives exchange and clearing house. APEX is one of only three operators in Singapore that hold both exchange and clearing licenses, making it a rare and valuable piece of institutional infrastructure. The acquisition would strengthen HashKey’s suite of services for institutional investors and extend its Asian financial infrastructure. Coinciding with the announcement, HashKey also launched a unified trading app that provides access to multiple regulated markets across four jurisdictions, underscoring the company’s push to build a connected, cross-border digital asset ecosystem.

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