W Group advances Web2 and Web3 banking through hashbank, combining fiat services, external crypto transfers and support for over 150 digital assets.
hashbank brings traditional banking, external crypto transfers and support for more than 150 digital assets into one regulated banking app.
W Group is advancing its strategy to connect traditional finance with blockchain infrastructure through hashbank, its fully licensed universal digital bank. The bank combines everyday fiat services with the ability to receive and send digital assets through external wallets and blockchain addresses.
The model gives customers access to banking and digital assets without treating them as separate financial systems. hashbank supports more than 150 digital assets alongside its banking services, allowing customers to move between fiat and crypto within the same mobile environment.
Banking and digital assets in one app
Banking and crypto services have generally required separate accounts and platforms. A customer moving funds between the two may need to use a bank account, crypto platform and external wallet at different stages of the transaction.
hashbank connects these activities within its banking app. Customers can receive supported digital assets from external wallets and platforms, exchange them for fiat and use the resulting funds through the bank. They can also send supported assets from hashbank to external blockchain addresses.
The bank applies authentication, address verification, anti-money-laundering procedures and blockchain analytics to these transfers. This gives customers a single environment for fiat banking, digital assets and international money movement.
“We are not building businesses that exist only in Web2 or only in Web3. The biggest opportunities will emerge between them. Our task is to build the infrastructure – bridge – that allows these worlds to work together. hashbank is one example of this strategy. It is a fully licensed digital bank that is open to new financial networks and capable of connecting different currencies, platforms and systems,” said Volodymyr Nosov, Founder and President of W Group.
Part of a connected financial ecosystem
hashbank holds a full banking license from the National Bank of Georgia, obtained in 2023, and began operating in a live environment in 2024. Today, hashbank has approximately 60,000 customers across 73 countries. hashbank’s position is further differentiated by the
combination of broad external-wallet connectivity, direct integration with WhiteBIT,
everyday and cross-border banking services, and access for both individuals and
businesses.
Within the South Caucasus and Central Asia, hashbank is the first fully licensed bank to offer this integrated model within its mobile banking application.
“By introducing this service, hashbank sets a new precedent for banking in Georgia and the wider region, strengthening the bridge between traditional banking and digital assets. Our ambition is to make borderless banking a practical reality – giving customers greater freedom to move and use their money, while making everyday banking simpler and digital assets more familiar and accessible,” said Goga Chanadiri, CEO of hashbank.
hashbank and WhiteBIT benefit from a direct integration and strategic synergy within the broader W Group ecosystem, while operating with the strict independent governance required of a license. WhiteBIT has 10 million users on its platform, while W Group broader ecosystem brings together businesses serving around 40 million users globally.
The next stage of hashbank’s development will focus on expanding its international financial infrastructure. The bank is working on international payment rails, new currencies and cross-border corridors, as well as banking as a service and embedded banking. This will enable hashbank’s banking infrastructure to serve not only end customers, but also fintech companies, crypto platforms and other businesses that require access to regulated financial services.
For W Group, hashbank is not a standalone business, but part of a long-term model. The goal is to build a global, full-cycle financial ecosystem in which banking, payments, digital assets, blockchain and international financial infrastructure can work together.
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W Group – is a global fintech ecosystem that makes blockchain and crypto easy, secure, and accessible for everyone. Over 40 million users across 150 countries worldwide. W Group is committed to shaping the future of finance through simple, accessible, and secure solutions.
hashbank – is a digital bank that offers users simple, secure, and modern banking services.
Through the synthesis of innovative technologies and strict banking standards, the bank
creates financial solutions tailored to the demands of the digital economy. For its
technological achievements in 2026, the authoritative international publication Global
Banking & Finance Review awarded hashbank the title of “Best New Digital Bank Georgia 2026,” once again highlighting its leading position in the region’s financial and technology
sectors.
