• HashKey Group, a Hong Kong-based crypto financial service provider, is reportedly raising up to $200 million in funding at a valuation of over $1 billion.
• The funding is being raised to expand operations and tap new opportunities in the Asian crypto market.
• Meanwhile, HashKey Capital plans to launch two liquid funds to take advantage of secondary markets.
Crypto Investment Fund HashKey Seeks Funding
HashKey Group, a Hong Kong-based crypto financial service provider, is reportedly raising up to $200 million in funding at a valuation of over $1 billion. The funding is being raised to expand operations and tap new opportunities in the Asian crypto market. Besides its presence in Hong Kong, HashKey Group also operates out of Singapore and Japan.
HashKey Capital Plans Liquid Funds Launch
Meanwhile, HashKey Capital plans to launch at least two liquid funds that will capitalize on secondary markets. This development was revealed by Deng Chao, CEO of both the capital venture and HashKey Singapore during an interview recently.
SFC Grants License for Virtual Asset Exchange
In September 2020, the Securities and Futures Commission (SFC) granted a license for virtual asset exchange operation to Hashkey Pro – making it only the second firm after OSL Exchange to obtain such a permit from SFC. With this license firmly in place, customers can now trade digital assets with confidence without fear of legal consequences or repercussions from regulatory bodies.
Expansion into Asia Promises Bright Future
The expansion into other parts of Asia promises great growth potential for Hashkey Group as well as its clients and partners looking for returns on their investments while trading digital assets safely within the boundaries set by governments across the region.
Conclusion
The news about Hashkey’s attempts at expanding its reach into new markets with significant financial backing bodes well for investors interested in digital assets within Asia Pacific or globally who seek reliable investment options with minimal risk exposure – all backed by experienced professionals working towards success through innovation and customer satisfaction