As virtual asset businesses move from planning to operation, how to manage assets, handle funds, and connect on-chain transactions with financial systems are practical issues enterprises need to address.

Hong Kong GifPay Technology integrates business services, account and fund management, compliance support, and professional technical capabilities to provide institutions with system development and operational support for virtual asset businesses.

| Four-Layer Architecture Covering Key Stages of Business Operations

Hong Kong GifPay’s overall solution encompasses four layers:

Business Services Layer: Business Services Layer

Account and Fund Management Layer: Account and Fund Management Layer

Compliance and Infrastructure Support Layer: Compliance and Infrastructure Support Layer

Professional Technology Layer: Professional Technology Layer

The first three layers primarily focus on business operations and supporting services, while the professional technology layer is responsible for system development and implementation. The specific configuration is determined according to each institution’s business model and actual needs.

| Three Key Capabilities for Implementing Virtual Asset Businesses

Coordination Between On-Chain Records and Internal Accounting

When on-chain assets change, an institution’s internal accounts must also be updated promptly and kept consistent with on-chain records. Hong Kong GifPay’s system integrates on-chain transaction data into the institution’s internal accounting system, facilitating transaction reconciliation, accounting processing, and fund record management.

Digital Asset Management and Business Processing

Custody and issuance have different system requirements. Hong Kong GifPay’s custody system includes functions such as key management, access control, and transaction approval; its issuance system is used for asset issuance, registration, and record management. System solutions for stablecoin issuance, RWA tokenization, and other businesses are planned separately in accordance with applicable regulatory requirements.

Risk Control and Compliance Support

The system covers customer identity verification, transaction monitoring, operational permission management, and business record retention, helping institutions conduct routine risk monitoring and retrieve operation records when abnormalities occur.

In Poland, Hong Kong GifPay deployed digital banking and crypto-asset-related systems for a VASP-licensed institution. The project was completed in March 2025 and covered customer identity compliance, crypto-asset custody, aggregated card issuing, and fund channel management. The platform currently supports the custody of more than 50 crypto assets and has established fund channels with two financial institutions.

Compliance Boundary: Virtual asset businesses must comply with applicable laws, regulations, and regulatory requirements. System and technical support do not constitute a business operating license; relevant businesses must be conducted by appropriately qualified entities.

| System Planning Priorities for Different Business Scenarios

Digital Asset Custody
In addition to asset security, custodians must also handle routine tasks such as customer asset records, withdrawal approvals, and internal reconciliation. These processes can all be completed in Hong Kong GifPay’s custody system, with operation records retained and traceable.

A licensed Hong Kong trust and company service provider sought to extend its traditional trust services into the blockchain field and expand its digital asset custody business. In June 2025, the digital asset custody system deployed by Hong Kong GifPay went live, supporting major assets such as BTC and ETH, and integrating hot and cold wallets, multi-signature, and audit functions.

Stablecoin Issuance and Custody

After stablecoins are issued, ongoing matters such as redemption, reserve asset management, and fund arrangements must also be handled, while issuance records, asset status, and fund information must remain consistent. Hong Kong GifPay provides technical support for issuance, custody, and management systems; solutions are determined based on the business model and applicable regulatory requirements.

Virtual Asset Acquiring

From payment acceptance to settlement and fund distribution, the acquiring process involves multiple stages and requires system integration with payment services and partner institutions. Hong Kong GifPay can provide system support for payment acceptance, transaction processing, and settlement management.

Virtual asset businesses involve multiple aspects, including asset management, fund processing, risk control, and system operations, and require comprehensive planning based on the actual business model.

Hong Kong GifPay Technology will continue to share system development and application cases relating to virtual assets, stablecoins, and RWA, providing reference for institutions conducting these businesses.

For details about the solutions and system demonstrations, please contact: [email protected]

This article is for general informational purposes only and does not constitute investment advice, an offer, or solicitation. Hong Kong GifPay Technology provides related technical solutions; technical support does not represent the qualification to operate the relevant businesses, and the company itself is not a licensed virtual asset service provider. Specific businesses involving virtual assets, stablecoins, and RWA should be conducted in accordance with applicable laws and regulations, regulatory requirements, and the qualifications of the relevant entities. Activities involving virtual assets may entail significant risks, and a thorough assessment should be conducted before engaging in such businesses.