HashKey Group, an end-to-end digital asset financial services group based in Hong Kong, has completed a Series A financing round of nearly US$100 million at a pre-money valuation of over US$1.2 billion.
The round attracted new and existing investors, including prominent institutional investors, leading Web3 institutions, and strategic partners.
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The group will use the money to accelerate the product diversification of its licensed business in Hong Kong and drive development globally.
Established in 2018 and with operations in Singapore and Tokyo, HashKey Group provides innovative investment opportunities and end-to-end solutions in digital assets and the Web3 ecosystem to retail investors, large institutions, family offices, funds, and professional and accredited investors.
Its core businesses also include a global asset manager investing exclusively in blockchain technology and digital assets, a blockchain node validation service, tokenisation services, Web3 PFP incubation, and community operation services.
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In 2023, HashKey Exchange launched a licensed virtual asset exchange app in Hong Kong. It now has over 155,000 registered users, with a daily average trading volume of US$630 million. HashKey Exchange has also established strategic partnerships with over ten brokerage firms and six publicly listed companies.
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