How much money did hashkey get in a series A funding round?

HashKey, the Hong Kong-based cryptocurrency exchange, revealed that it had successfully secured nearly $100 million in a Series A funding round. This substantial funding round has propelled the company’s valuation to an impressive pre-money figure of over $1.2 billion.

What does hashkey's $100m funding mean for crypto?

HashKey’s $100M funding showcases crypto’s impressive growth. Funds to boost asset management, Web3 incubation, and more. OKX Ventures’ involvement highlights the competitive crypto exchange landscape.

Will Hong Kong become a crypto hub?

It provides products including digital asset custody solutions and hosted blockchain infrastructure. In May 2023, Bloomberg reported that the company was seeking funding between $100 million and $200 million to take advantage of Hong Kong’s emerging role as a crypto hub aiming for a valuation of about $1 billion.