PQA Labs announced a strategic partnership with Hong Kong Virtual Asset Exchange Limited (HKVAX)
3rd March 2025 / Hong Kong — PQA Labs Limited (PQA Labs), a Hong Kong-based provider of fiat-backed stablecoins and blockchain solutions, has announced a strategic partnership with Hong Kong Virtual Asset Exchange Limited (HKVAX), a licensed virtual asset trading platform regulated by the Securities and Futures Commission (SFC) of Hong Kong. This collaboration aims to establish a comprehensive stablecoin ecosystem, enhancing cross-border trade and global payment networks.
Through this partnership, PQA Labs and HKVAX will collaborate to integrate PQUSD, a fiat-referenced stablecoin developed by PQA Labs, onto HKVAX’s licensed exchange platform, subject to applicable regulatory requirements and approval. By leveraging PQA Labs’ advanced blockchain technology and HKVAX’s industry expertise, both companies aim to contribute to a robust, secure, and efficient digital asset ecosystem. This partnership demonstrates their shared dedication to innovation, knowledge exchange, and expansion in the stablecoin industry.
Danny Lung, Co-Founder and CEO of PQA Labs, expressed enthusiasm for the partnership: “We are excited to collaborate with HKVAX in building a secure and scalable stablecoin ecosystem within Hong Kong’s evolving regulatory environment. Our goal remains to deliver compliant, quantum-secure, and user-friendly stablecoin solutions for global adoption. HKVAX’s extensive network and industry expertise make it an invaluable partner in achieving this vision.”
Sam Fok, Co-Founder and COO of HKVAX, highlighted the significance of the collaboration: “Partnering with PQA Labs represents a meaningful step toward developing secure and resilient stablecoin solutions in Hong Kong. PQA Labs’ quantum-resistant technology could support future-proof infrastructure, facilitating broader adoption of stablecoins. This collaboration demonstrates how stablecoin issuers and trading platforms can collaborate to improve services and deliver enhanced value to customers.”
About HKVAX
Hong Kong Virtual Asset Exchange (HKVAX) is a licensed virtual asset trading platform regulated by the Securities and Futures Commission of Hong Kong under Type 1 (Dealing in Securities) and Type 7 (Providing Automated Trading Services) licenses, along with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) license. Headquartered in Hong Kong, HKVAX aims to be a leading global player in digital finance. Beyond OTC trading, exchange, and custody services, HKVAX specializes in Security Token Offerings (STOs) and Real-World Asset (RWA) tokenization, bridging traditional finance and blockchain technology to meet institutional and professional investors’ evolving needs.
About PQA Labs
PQA Labs is a Hong Kong-incorporated stablecoin and blockchain solutions provider. The company is committed to delivering secure, compliant, and quantum-resistant fiat-backed stablecoins. By leveraging advanced post-quantum blockchain technology, PQA Labs aims to ensure financial transactions remain secure, transparent, and reliable for global users.
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