In a strategic move aligning with Hong Kong’s growing Web3 ecosystem, Multi-Point Digital (02586.HK) has announced its investment in Bitcoin and ongoing preparations to apply for a stablecoin license. This development marks a pivotal step in the company’s digital transformation journey and underscores its commitment to innovation in financial technology and retail digitization.
Strategic Bitcoin Investment and Web3 Expansion
Multi-Point Digital has acquired Bitcoin through Hash Key Exchange using existing corporate cash reserves—distinct from funds raised during its initial public offering. This investment reflects the company’s confidence in digital assets as a long-term value store and a key component of future financial infrastructure.
On February 5, 2025, the company entered into a strategic cooperation agreement with Hash Key Group, a leading player in Hong Kong’s digital asset space. Under the agreement, Multi-Point Digital has established a trading account on Hash Key Exchange and initiated its Bitcoin investment. The collaboration will focus on three core areas:
- Digital asset trading
- Web3 technology development and application
- Blockchain ecosystem building
The partnership aims to leverage both parties’ expertise and resources to deliver advanced digital asset solutions tailored for retail enterprises.
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Regulatory Tailwinds Fueling Innovation
Hong Kong has emerged as a progressive regulator in the crypto space. Since October 2022, the Hong Kong government has introduced a series of policies supporting cryptocurrency trading and blockchain innovation, recognizing Web3 as a critical driver of future financial and commercial evolution.
A major milestone came on June 6, 2025, when the government published the Stablecoin Ordinance (Commencement Date) Notice in the Gazette, designating August 1, 2025, as the effective date for the Stablecoin Ordinance (Cap. 656). This legislation establishes a licensing regime for stablecoin-related activities, creating a clear regulatory framework that fosters responsible innovation.
Multi-Point Digital views these developments as strong validation of Web3’s potential. With increasing global adoption of cryptocurrencies as part of diversified investment portfolios, the company believes Hong Kong is well-positioned to become a global hub for digital asset ecosystems.
Advancing Stablecoin Adoption in Retail
One of the primary motivations behind Multi-Point Digital’s initiative is the practical application of stablecoins in retail payment systems. The company serves a broad base of retail clients with extensive cross-border procurement and domestic sales operations. Traditional payment methods often involve high fees and delays—challenges that stablecoins can effectively address.
Stablecoin-based payments offer several advantages:
- Faster settlement: Near-instant transaction finality
- Lower costs: Reduced intermediary fees
- Greater transparency: On-chain transaction tracking
- Cross-border efficiency: Seamless international transfers
By pursuing a stablecoin license, Multi-Point Digital aims to develop compliant, enterprise-grade payment solutions that enhance customer experience and streamline operations for retailers.
The company plans to work closely with Hash Key Group to pilot stablecoin payment technologies and explore integration into real-world retail scenarios. Additionally, it intends to participate in regulatory sandbox programs led by Hong Kong authorities to test and refine its offerings.
Future Outlook: Building the Next Generation of Retail Infrastructure
Multi-Point Digital remains committed to its core mission: delivering cutting-edge digital solutions for the retail sector. With healthy cash flow and sustained business growth, the company is well-positioned to lead in retail digitization across China and international markets.
Its foray into digital assets is not speculative but strategic—aimed at building foundational infrastructure for the next generation of commerce. By combining its deep industry knowledge with emerging blockchain technologies, Multi-Point Digital seeks to redefine how retailers manage transactions, supply chains, and customer engagement.
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Core Keywords
- Multi-Point Digital
- Bitcoin investment
- Stablecoin license
- Web3 development
- Hash Key Exchange
- Retail digitization
- Blockchain technology
- Hong Kong crypto regulation
Frequently Asked Questions
Q: Why is Multi-Point Digital investing in Bitcoin?
A: The investment reflects the company’s belief in digital assets as a strategic reserve and a foundational element of future financial systems. It aligns with broader efforts to integrate blockchain technology into retail operations.
Q: Will this affect the company’s core business?
A: No—this initiative complements its primary focus on retail digitization. The Bitcoin purchase was made with surplus cash, not IPO funds, ensuring no disruption to ongoing operations or investments in core services.
Q: What are the benefits of obtaining a stablecoin license?
A: A license would allow Multi-Point Digital to legally issue and manage stablecoins, enabling it to offer secure, regulated payment solutions for cross-border trade and domestic retail—improving speed, cost-efficiency, and compliance.
Q: How does this align with Hong Kong’s regulatory environment?
A: The company’s actions are fully aligned with Hong Kong’s progressive stance on Web3. The upcoming Stablecoin Ordinance provides a clear legal framework, making Hong Kong one of the first major financial centers to regulate stablecoins comprehensively.
Q: Is this move risky given crypto market volatility?
A: While Bitcoin carries market risk, the investment size is prudent and backed by strong cash reserves. Moreover, the long-term strategy focuses on stablecoins and infrastructure—not speculation—minimizing exposure to price fluctuations.
Q: When might we see stablecoin payments launched?
A: The company has begun preparatory work for the license application and is engaging with regulators. A pilot program could launch within 12–18 months, pending approval and technical readiness.
Conclusion
Multi-Point Digital’s dual strategy—investing in Bitcoin while preparing for a stablecoin license—demonstrates forward-thinking leadership in an era of rapid technological change. By embracing Web3 under a regulated framework, the company is positioning itself at the forefront of retail innovation.
As Hong Kong solidifies its status as a global Web3 hub, initiatives like this will play a crucial role in bridging traditional commerce with decentralized finance. For investors and industry observers alike, Multi-Point Digital’s journey offers valuable insights into how legacy sectors can evolve through blockchain integration.
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