Hong-Kong-based HashKey Group has officially launched its Ethereum Layer 2 blockchain, HashKey Chain, on the mainnet. This marks a significant leap forward in the rapidly evolving blockchain space, positioning the group as a key player in global decentralized finance (DeFi).
HashKey Chain's Impressive Numbers
Before its mainnet debut, HashKey Chain underwent a rigorous testnet phase, which began on November 11, and the results were remarkable. The platform recorded an impressive 25 million transactions, securing over 860,000 wallet addresses. It handled 400 transactions per second under simulated conditions. Over 50 projects were deployed during this period, with a community of 300,000 actively participating. Kay Lu, CEO of HashKey Eco Lab, emphasized that this is not just about building a blockchain but creating an efficient and secure platform for developers.
HashKey Chain Joins Ethereum Superchain
HashKey Chain’s debut aligns it with the Ethereum Superchain, a network of interconnected Layer 2 blockchains powered by Optimism’s OP Stack. This integration enhances blockchain interoperability. HashKey Chain stands alongside prominent platforms like Coinbase’s Base, Zora, and Worldcoin. Its participation in the Superchain ecosystem enhances scalability, making it easier to create efficient decentralized applications (dApps). Additionally, a $50 million grant program has been launched to support top-tier talent.
HashKey's Influence Beyond Blockchain
HashKey's influence extends far beyond its Layer 2 chain. The group has made remarkable progress in the crypto industry through strategic initiatives and partnerships. It partnered with Bosera Asset Management to launch Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs). These ETFs attracted over $88 million in investments. HashKey also collaborated with Ripple to advance XRPL solutions in Japan and added AVAX and LINK to its trading platform.
HashKey Chain's mainnet launch underscores the company's commitment to blockchain innovation and its role in advancing DeFi. With initiatives like a grant program and strategic partnerships, HashKey continues to expand and support ecosystem growth.
