Multi-Point Digital Intelligence (Stock Code: 02586.HK) has recently announced strategic steps toward embracing digital asset innovation. The group is actively preparing to apply for a stablecoin license and has already purchased Bitcoin (BTC) via the licensed exchange Hash Key Exchange. This investment was funded using the company’s existing cash reserves.
This initiative aligns with the Hong Kong government's active promotion of Web3 industry development. Earlier this year, Multi-Point Digital signed a strategic cooperation agreement with Hash Key Group. As part of this collaboration, the group has opened a trading account with Hash Key Exchange. The partnership aims to explore opportunities in digital asset trading, Web3 technology development, and blockchain ecosystem enhancement, with a focus on providing advanced digital asset services to retail enterprises.
The regulatory landscape in Hong Kong has evolved considerably since late 2022, with authorities introducing a range of policies aimed at fostering the growth of virtual asset markets. The Hong Kong government recently announced that the Stablecoin Regulation Act will come into effect on August 1, 2025. This legislation establishes a licensing regime for regulated stablecoin activities, reflecting a growing recognition of Web3's role in the future of finance and commerce.
Why Multi-Point Digital Is Embracing Digital Assets
The company views virtual assets and blockchain technology as major growth opportunities within the Web3 space. With the increasing integration of cryptocurrencies into global business operations, digital assets like Bitcoin are becoming a standard component of diversified investment portfolios.
Hong Kong’s structured and regulated approach offers a supportive environment for technological experimentation and commercial adoption. The city’s clear regulatory framework encourages enterprises to explore innovative digital solutions with greater confidence.
Enhancing Retail Solutions with Stablecoin Technology
A key motivation behind these efforts is to better serve the retail sector. Many of Multi-Point Digital’s clients operate across borders and require efficient, low-cost payment methods. Stablecoins—digital currencies pegged to stable assets like fiat currencies—can significantly improve payment efficiency and reduce transaction costs for both merchants and consumers.
By introducing stablecoin-based payment systems, the company aims to streamline payment processes and improve the overall consumer experience. This move is expected to facilitate wider adoption of digital currencies in everyday retail transactions.
👉 Explore advanced digital asset strategies
Through its collaboration with Hash Key Group, Multi-Point Digital also plans to develop and offer technical services centered around stablecoin payments. Both organizations intend to participate in pilot programs supervised by Hong Kong regulators, contributing to the broader adoption and standardization of stablecoin usage.
Looking Ahead: Strategic Goals and Market Positioning
Multi-Point Digital remains focused on its core business as a leading retail digital solutions provider. The company is committed to supporting both domestic and international clients through innovative technological upgrades and compliant financial innovations.
The group’s strong cash flow and steady operational growth provide a solid foundation for these new initiatives. Management expressed optimism about Hong Kong’s potential to emerge as a global hub for digital asset ecosystems.
Frequently Asked Questions
What is Multi-Point Digital’s latest investment in Bitcoin?
The company has purchased Bitcoin through Hash Key Exchange, using its existing cash reserves. This forms part of a broader strategy to engage with digital assets and blockchain-based solutions.
Why is Multi-Point Digital applying for a stablecoin license?
The move aims to address growing demand for efficient, low-cost payment methods among retail clients. A stablecoin license would allow the company to develop and offer compliant digital payment solutions.
How does Hong Kong’s new Stablecoin Regulation affect the industry?
The regulation establishes a licensing system for stablecoin-related activities, enhancing legal clarity and consumer protection. It encourages responsible innovation within the digital asset sector.
What are the benefits of stablecoins in retail?
Stablecoins enable fast and low-cost transactions, making them ideal for cross-border trade and daily retail payments. They help reduce reliance on traditional banking channels and currency conversion fees.
Will Multi-Point Digital continue its existing retail solutions business?
Yes. The company remains dedicated to its core operations while branching into digital assets. Its primary goal is to enhance service offerings through technological innovation.
Is Hong Kong becoming a center for Web3 development?
Yes, through proactive regulatory support and governmental initiatives, Hong Kong is positioning itself as a leading hub for blockchain and Web3-related business activities.