HashKey Launches OTC Marketplace with Real-Time Pricing
HashKey Exchange, Hong Kong’s largest licensed digital asset platform, has launched its new OTC Marketplace feature to streamline large-block over-the-counter trades. The OTC marketplace offers real-time price comparisons across multiple liquidity providers with an all-in pricing model, covering trade sizes from USD 10 to USD 10 million. It supports both instant and delayed settlement options, generating unique order IDs for full traceability. By automating pricing quotes and displaying transparent, bundled cost estimates, the OTC marketplace improves trade efficiency, reduces manual inquiries, and enhances transaction security for institutional investors, asset managers, family offices, high-net-worth individuals, and select retail users. HashKey plans further ecosystem development and service expansion to foster a compliant, collaborative environment that drives healthy growth in the virtual asset market.
Bullish
The launch of HashKey’s OTC marketplace enhances market infrastructure by automating price discovery and settlement, reducing operational friction for large trades. Increased transparency and efficiency are likely to attract more institutional participation and larger order flow, which can boost overall trading volumes and liquidity. Historically, exchanges that introduced integrated OTC desks—such as Coinbase and Binance—saw growth in institutional engagement and deeper order books, supporting price stability. In the short term, traders may benefit from better pricing and faster settlements; in the long term, the improved ecosystem could foster wider adoption and stronger market resilience, making the impact broadly bullish.