TechFlow news — HashKey Group, Asia's leading end-to-end digital asset financial services group, announced the completion of its Series A financing round raising nearly $100 million at a pre-money valuation exceeding $1.2 billion. In addition to strong participation and support from existing shareholders, this round attracted new investors including major institutional investors, leading Web3 firms, and strategic partners. The funds will be used to deepen HashKey’s full ecosystem presence in the virtual asset industry, accelerate product diversification for its licensed operations in Hong Kong, and advance the group’s global compliance-driven innovation and expansion.
In 2023, HashKey Group pioneered the dawn of compliance in Hong Kong's virtual asset industry. Its subsidiary, HashKey Exchange, offers one-stop virtual asset trading services through Hong Kong’s first licensed exchange app. Within four months of launch, registered users surpassed 155,000, with average daily trading volume reaching $630 million over the past 30 days. HashKey has established deep collaborations with more than 10 securities firms and six Hong Kong-listed companies, positioning itself as a leader in the virtual asset sector under the “Hong Kong narrative.”
HashKey Group boasts a comprehensive Web3 ecosystem. Core businesses also include HashKey Capital, an institutional-grade asset management firm focused on digital assets and blockchain; HashKey Cloud, a world-leading blockchain staking service provider; HashKey Tokenisation, a tokenization services platform; and HashKey NFT, which focuses on Web3 avatar incubation and community operations.
