Hong Kong's licensed crypto exchange, HashKey, has launched a new venture known as HashKey Global to cater to international clients. The expansion was officially announced on Apr. 8 in an X post. In an interview with the Hong Kong Economic Journal, Livio Weng, the chief operating officer of HashKey Group, shared that the new platform will provide access to over 20 currencies initially. This access is limited to qualified retail investors and will eventually include futures, staking, and other financial products within the next quarter.
Furthermore, Weng revealed that HashKey currently manages assets exceeding HK$2 billion, with projections to increase to HK$8 billion by 2024. Despite the company's global aspirations, its focus remains on the Asia-Pacific region for the next five years. To support its growth plans, HashKey is looking to secure additional funding this year. While the exact amount is yet to be finalized, reports suggest it could exceed the $100 million raised during the previous Series A financing round, valuing the company at over $1.2 billion.
For more information, you can explore the latest announcement regarding HashKey's $10k application fee for token listings.
