Home » HashKey Group Secures Nearly $100 Million in Series A Funding to Drive Web3 Ecosystem and Global Expansion

HashKey Group Secures Nearly $100 Million in Series A Funding to Drive Web3 Ecosystem and Global Expansion

Hong Kong's HashKey Group raises $100M in Series A, fueling Web3 ecosystem growth and global product diversification for digital assets.

by Alexander
0 comment

HashKey Group, a leading digital asset financial services group based in Hong Kong, has successfully closed a Series A financing round, raising nearly $100 million at a pre-money valuation exceeding $1.2 billion.

Investor Participation

The funding round witnessed active participation and robust commitment from existing stakeholders. Additionally, new investors, including prominent institutional investors, leading Web3 institutions, and strategic partners, joined the round, underlining the industry’s confidence in HashKey’s potential.

The freshly acquired capital will be strategically allocated to reinforce HashKey’s Web3 ecosystem. The company aims to expedite the diversification of its licensed business in Hong Kong while fostering innovative and compliant development initiatives on a global scale.

HashKey’s Market Impact

In 2023, HashKey played a pioneering role in ushering in a new regulatory era for the Hong Kong virtual asset industry. The HashKey Exchange, within four months of its launch, achieved remarkable milestones, boasting over 155,000 registered users and a daily average trading volume of $630 million in the past 30 days. Strategic collaborations with over ten brokerage firms and six publicly listed companies have further solidified HashKey’s position as a leader in the virtual asset industry within the Hong Kong market.

Diversified Business Segments

HashKey Group encompasses various core businesses, including HashKey Capital, a global asset manager exclusively focused on blockchain technology and digital assets; HashKey Cloud, a leading blockchain node validation service provider; HashKey Tokenization, specializing in tokenization services; and HashKey NFT, dedicated to Web3 PFP incubation and community operation services.

About HashKey Group

Established in 2018, HashKey Group operates as a comprehensive digital asset financial services group in the Asian market. With its headquarters in Hong Kong and operational presence in Singapore and Tokyo, the group caters to retail investors, large institutions, family offices, funds, and professional investors. HashKey Group offers innovative investment opportunities and end-to-end solutions across digital assets and the evolving Web3 ecosystem.

This latest funding round positions HashKey Group for significant advancements in its global footprint and the continued development of its pioneering initiatives in the digital asset space.

Related Posts :

footer logo

@2023 – All Right Reserved.

Incubated bydesi crypto logo