Sunday, December 22, 2024

Digital asset firm HashKey bags $100m Series A funding at unicorn valuation

  • HashKey Group secures $100 million in Series A funding round at a valuation of over $1.2 billion.
  • Founded in 2018, Hong Kong-based HashKey Group focuses on digital assets and the Web3 ecosystem.
  • Round saw participation from new and existing investors; the lead investor was reportedly OKX Ventures.
  • Core businesses include HashKey Exchange (regulated by Hong Kong SFC) and HashKey Capital (global asset manager).
  • HashKey’s virtual asset exchange app, launched in Hong Kong last year, attracted over 155,000 registered users in four months.
  • Plans to use fresh capital to solidify its Web3 ecosystem, diversify licensed business in Hong Kong, and expand globally.

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