Hong Kong-based company HashKey Group has completed a Series A financing round of $100 million, valuing itself at $1.2 billion. The group includes a licensed crypto exchange by SFC, asset management, staking services, tokenization, and NFT. The holding also actively operates in Singapore and Tokyo, with a focus on institutional investors.

The company announced the addition of new shareholders, including prominent institutional investors, leading Web3 institutions, and strategic partners. The funds raised will be used to strengthen the ecosystem, expand the range of products on the trading platform, and drive innovation.

According to the press release, the crypto exchange has attracted 155,000 users in just four months since its launch and has established strategic partnerships with over ten brokers and six public companies.

It's worth noting that in January, HashKey's COO, Livio Weng, emphasized that about a dozen stock companies in Hong Kong are exploring the possibility of launching spot Bitcoin-ETFs. In November, ForkLog reported that SFC is considering providing retail investors with access to such products.