Hashkey Group Secures Unicorn Valuation Following Successful $100 Million Funding Round

Hashkey Group, based in Hong Kong, announced a successful $100 million Series A funding round after obtaining a comprehensive capital markets license in Singapore.

The funds, sourced from strategic partners, institutional backers, and Web3 entities, propel the company to unicorn status with an estimated valuation of around $1.2 billion. Hashkey has earmarked the capital infusion to expedite the growth of licensed operations in Hong Kong and strengthen its Web3 initiatives. The company’s trading platform, Hashkey Exchange, boasting 155,000 registered users and a $630 million trading volume in the past month, plays a pivotal role.

With a focus on compliant and innovative development globally, Hashkey has established partnerships with six publicly traded companies and ten brokerage houses, emphasizing its commitment to expansion and diversification. Notably, the group has a history of 85 distinct investments, supporting startups like Fetcch and Range Protocol, and recently led a $5 million pre-Series A funding round for 0xscope.

Clever Robot News Desk 17^th January 2024