Shanghai Commercial Bank (ShaComm Bank) has joined forces with HashKey Exchange, a Hong Kong-licensed digital asset platform, to integrate traditional banking services with digital assets.
As part of the collaboration, the two institutions will launch a co-branded Visa credit card featuring a dual rewards programme that links everyday consumer spending with digital asset services, the banks announced in a press release on 31 October 2025.
The partnership will operate under Hong Kong’s regulatory framework, and the banks also plan to explore opportunities in market infrastructure, product innovation, and risk management to foster the sustainable growth of Hong Kong’s digital finance ecosystem.
ShaComm Bank, incorporated in Hong Kong in 1950, is part of a tri-bank alliance with the Bank of Shanghai in mainland China and the Shanghai Commercial and Savings Bank in Taiwan. Together, the alliance operates a network of over 400 branches across China, Southeast Asia, the United Kingdom, and the United States.
Under the partnership, the two institutions will introduce a co-branded Visa credit card featuring a dual rewards programme, linking everyday consumer spending to digital asset services. Cardholders will be able to earn rewards that integrate seamlessly with digital finance offerings, marking a significant step in the convergence of conventional banking and blockchain-based financial products.
The collaboration will operate fully under Hong Kong’s regulatory framework, ensuring compliance with local financial regulations. Both ShaComm Bank and HashKey Exchange have also expressed their intention to explore further opportunities in areas such as market infrastructure, product innovation, and risk management, with the aim of supporting the sustainable growth of Hong Kong’s digital finance ecosystem.
Founded in 1950, ShaComm Bank is a longstanding financial institution in Hong Kong. It is part of a tri-bank alliance alongside the Bank of Shanghai in mainland China and the Shanghai Commercial and Savings Bank in Taiwan. The alliance collectively manages a network of over 400 branches across China, Southeast Asia, the United Kingdom, and the United States, making it a significant player in regional banking and cross-border finance.