ShaComm Bank, HashKey team up for digital asset push

They will jointly launch a co-branded credit card with a dual rewards program.

Shanghai Commercial Bank (ShaComm Bank) has partnered with HashKey Exchange, a digital asset exchange licensed in Hong Kong, to explore new avenues for integration of traditional finance with digital assets.

The partnership will see ShaComm Bank and HashKey Exchange establish a collaboration model under Hong Kong’s regulatory framework.

To start, they will launch a co-branded bank and licensed digital asset exchange Visa credit card, according to a press release on 31 October 2025.

The card will reportedly feature a dual rewards program integrating digital asset services into everyday consumer spending.

The two parties will also explore opportunities in market infrastructure, product innovation, and risk management, with the goal of supporting the sustainable development of Hong Kong's digital finance ecosystem, the press release said.

ShaComm Bank was first incorporated in Hong Kong in 1950. It has a tribank alliance with the Bank of Shanghai in mainland China and the Shanghai Commercial and Savings Bank in Taiwan. Together, they have a combined network of over 400 outlets in China, Southeast Asia, the United Kingdom, and the United States.