Leading cybersecurity company SlowMist and Asian institutional asset management firm HashKey Singapore have partnered to secure digital assets. Together, they will foster innovation in the blockchain economy. The collaboration is official after an MOU was signed. This is a major advance for both groups.
?Exciting News?
SlowMist, in collaboration with #HashKey Singapore, Asia’s leading institutional asset management company, formally signed a strategic partnership Memorandum of Understanding (MOU).?
The signing of this MOU will see both parties working closely across HashKey… pic.twitter.com/QX1MegCzwh
— SlowMist (@SlowMist_Team) March 4, 2024
SlowMist and HashKey Singapore Aim to Combat Financial Crime in Digital Assets
SlowMist and HashKey Singapore will collaborate on HashKey, HashKeyOTC, and HashKey Wealth business lines due to this partnership. The MOU prioritizes digital asset AML, Web3 threat intelligence cooperation networks, and ecosystem security.
This partnership is great because SlowMist’s cybersecurity expertise and HashKey Singapore’s asset management expertise complement each other. In a changing, connected world, the two groups hope to solve the larger problem of protecting digital assets by working together.
By working together on AML compliance, both sides hope to increase digital asset transaction trust and reduce financial crime. To comply with digital asset regulations and protect everyone’s interests, SlowMist and HashKey Singapore want to establish best practices and protocols. This will be done using their strengths and resources.
The partnership will also simplify threat intelligence and cybersecurity sharing to protect the Web3 ecosystem from new threats. SlowMist and HashKey Singapore want to share their knowledge and resources to protect digital assets. They will also protect blockchain infrastructure from cyberattacks, fraud, and other issues.
SlowMist and HashKey Singapore Collaborate to Boost Blockchain Resilience
Another key partnership goal is to make the digital asset ecosystem safer and more resilient. SlowMist and HashKey Singapore hope to strengthen blockchain security frameworks and standards through research and development, new technology, and industry projects.
The partnership should also allow both parties to grow and make digital asset security strategic moves. SlowMist and HashKey Singapore want to make it easier for people to collaborate and share knowledge to drive innovation. They also encourage industry collaboration, and boost trust in digital assets and blockchain technology.
The strategic partnership between SlowMist and HashKey Singapore advances the blockchain economy and digital asset security. Both groups hope to solve important problems, encourage rule-following, and foster new ideas. This strategic move will make the digital asset ecosystem safer and more stable by working together and sharing knowledge.