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HashKey Group Raises Nearly $100 Million in Series A Financing Round

Published 01/16/2024, 04:01 PM
Updated 01/16/2024, 04:15 PM
HashKey Group Raises Nearly $100 Million in Series A Financing Round

  • HashKey Group successfully concluded a Series A financing round, raising nearly $100 million.
  • Pre-money valuation of HashKey now exceeds $1.2 billion.
  • Existing shareholders and new investors (institutional, Web3 institutions, and strategic partners) participated in the funding round.

HashKey Group, a prominent digital asset financial services group in Asia, has successfully concluded a Series A financing round that garnered nearly $100 million. This fundraising round brings the pre-money valuation of HashKey to over $1.2 billion.

The Series A financing round saw active participation from existing shareholders. Moreover, HashKey attracted new investors in the form of institutional investors, prominent Web3 institutions, and strategic partners.

The capital raised through this financing round will play a pivotal role in strengthening HashKey’s Web3 ecosystem. It will also accelerate the diversification of its licensed business activities in Hong Kong and support the group’s global development endeavors in compliance and innovation, according to the statement.

In 2023, HashKey made significant strides in the regulatory landscape of Hong Kong’s virtual asset…

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