Strategic Move into Digital Assets
Dmall Digital Intelligence (02586) has announced significant steps into the Web3 ecosystem, including Bitcoin investments and preparations for a stablecoin license application. This strategic initiative aligns with Hong Kong's push to become a global Web3 hub.
Key Developments:
- Bitcoin Purchase: Acquired BTC through licensed exchange HashKey Exchange using existing cash reserves (excluding IPO proceeds).
HashKey Partnership: Signed a strategic agreement on February 5, 2025, for:
- Digital asset trading infrastructure
- Web3 technology development
- Blockchain ecosystem collaboration
- Stablecoin Plans: Initiating license application following Hong Kong's new regulatory framework effective August 1, 2025.
👉 Explore how blockchain transforms retail finance
Hong Kong's Web3 Regulatory Landscape
Hong Kong has established a comprehensive regulatory environment for digital assets:
| Policy Milestone | Date | Impact |
|---|---|---|
| Cryptocurrency Trading Policies | October 2022 | Laid foundation for regulated market |
| Stablecoin Ordinance Gazette | June 6, 2025 | Formalized licensing requirements |
The Stablecoin Ordinance (Chapter 656) creates:
- Licensing System: For stablecoin issuers and related activities
- Consumer Protections: Through reserve requirements and transparency rules
- Market Confidence: By clarifying legal status of stablecoin transactions
Retail-Focused Digital Asset Strategy
As a leading retail digitalization solution provider, Dmall identifies three core advantages for stablecoin integration:
- Cross-Border Efficiency: Reducing payment processing times from days to minutes
- Cost Reduction: Eliminating intermediary fees in supply chain transactions
- Consumer Experience: Enabling seamless omnichannel payments
👉 Discover Web3 payment innovations
Future Roadmap
Phase 1 (2025 Q3-Q4)
- Complete stablecoin license application
- Pilot BTC settlement for select retail partners
Phase 2 (2026)
- Expand stablecoin use cases to loyalty programs
- Develop merchant-facing analytics tools
FAQ Section
Q: Why is Dmall entering the crypto market now?
A: With Hong Kong's clear regulatory framework and growing merchant demand for efficient payments, timing aligns with both market readiness and corporate capabilities.
Q: How will this impact shareholders?
A: All digital asset activities will follow strict risk management protocols and be disclosed per HKEX listing rules to ensure transparency.
Q: What safeguards exist for crypto investments?
A: Funds are allocated from operational reserves (never exceeding 5% of total cash), with purchases only through licensed exchanges like HashKey.
Q: Which retail segments will benefit first?
A: Cross-border B2B supply chains and premium omnichannel consumers stand to gain immediate efficiency improvements.
Q: Are there plans for tokenizing loyalty points?
A: While currently focused on payment infrastructure, blockchain-based loyalty solutions are under exploration for 2026.
Q: How does this align with Dmall's core business?
A: Digital assets complement existing retail SaaS offerings by adding financial infrastructure to our technology stack.
Conclusion
Dmall's Web3 strategy demonstrates how traditional retail tech providers can thoughtfully embrace blockchain. By combining regulated digital assets with deep retail expertise, the company positions itself at the intersection of commerce and financial innovation.