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As Hong Kong takes center stage in the regional crypto business, local companies are trying to expand their customer base.
One such firm, Haschke Group, is reportedly raising up to $200 million in funding to tap the new opportunity.
HashKey eyes $200 million in funding
Targeting a more significant portion of the Asian crypto market, Hong Kong-based crypto financial services provider Hashkey Group plans to expand its operations. The cryptocurrency investment fund is reportedly in early-stage talks with venture capitalists to raise $200 million at a valuation of more than $1 billion.
A. Bloomberg reports Said details of the deal being discussed were not available as the talks are being held in private.
HashKey Group is into the entire crypto ecosystem – Exchanges, Brokerage, Venture Capital, Custody Solutions and Web3 Infrastructure. Furthermore, HashKey Pro is licensed to operate a virtual asset exchange in Hong Kong. Besides HashKey Pro, only the OSL exchange has it. permit,
HashKey Capital to launch two liquid funds
Meanwhile, HashKey Capital Plan of To launch at least two liquid funds to tap opportunities in the secondary market, Hashkey Capital and Hashkey Singapore CEO Deng Chao said in a recent interview.
In September last year, the Securities and Futures Commission (SFC) of Hong Kong granted Hashkey Capital, the investment arm of Hashkey Group, a license to manage a 100% digital asset portfolio.
Regional Crypto Hub
Hong Kong has moved rapidly in recent months with plans to provide a transparent regulatory environment for crypto firms. Furthermore, it announced a timeline for allowing retail trading in digital assets.
Starting June 1, Hong Kong will issue licenses to virtual digital asset service providers, paving the way for retail investors to trade in major cryptocurrencies such as bitcoin and ether.
Several big-ticket conferences on digital assets have taken place in the city-state over the past few months, fueling global interest in Hong Kong’s potential to emerge as a regional crypto business hub.
In a recent landmark ruling, the Hong Kong High Court ruled that crypto is property and can be held in trust. The court ruling goes a long way in instilling confidence among crypto investors. The asset class is now on par with other intangible assets such as stocks and bonds.
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PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
As Hong Kong takes center stage in the regional crypto business, local companies are trying to expand their customer base.
One such firm, Haschke Group, is reportedly raising up to $200 million in funding to tap the new opportunity.
HashKey eyes $200 million in funding
Targeting a more significant portion of the Asian crypto market, Hong Kong-based crypto financial services provider Hashkey Group plans to expand its operations. The cryptocurrency investment fund is reportedly in early-stage talks with venture capitalists to raise $200 million at a valuation of more than $1 billion.
A. Bloomberg reports Said details of the deal being discussed were not available as the talks are being held in private.
HashKey Group is into the entire crypto ecosystem – Exchanges, Brokerage, Venture Capital, Custody Solutions and Web3 Infrastructure. Furthermore, HashKey Pro is licensed to operate a virtual asset exchange in Hong Kong. Besides HashKey Pro, only the OSL exchange has it. permit,
HashKey Capital to launch two liquid funds
Meanwhile, HashKey Capital Plan of To launch at least two liquid funds to tap opportunities in the secondary market, Hashkey Capital and Hashkey Singapore CEO Deng Chao said in a recent interview.
In September last year, the Securities and Futures Commission (SFC) of Hong Kong granted Hashkey Capital, the investment arm of Hashkey Group, a license to manage a 100% digital asset portfolio.
Regional Crypto Hub
Hong Kong has moved rapidly in recent months with plans to provide a transparent regulatory environment for crypto firms. Furthermore, it announced a timeline for allowing retail trading in digital assets.
Starting June 1, Hong Kong will issue licenses to virtual digital asset service providers, paving the way for retail investors to trade in major cryptocurrencies such as bitcoin and ether.
Several big-ticket conferences on digital assets have taken place in the city-state over the past few months, fueling global interest in Hong Kong’s potential to emerge as a regional crypto business hub.
In a recent landmark ruling, the Hong Kong High Court ruled that crypto is property and can be held in trust. The court ruling goes a long way in instilling confidence among crypto investors. The asset class is now on par with other intangible assets such as stocks and bonds.
Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off on Binance Futures for the first month. (terms).
PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.
