Crypto Updates

Asian Firm HashKey Unveils Global Exchange Post Bermuda Licensing

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The HashKey Group, an Asian entity specializing in digital
asset services, has unveiled the HashKey Global exchange after securing a
license in Bermuda to provide regulated digital asset trading services. The
announcement was made today (Monday), marking a milestone for the firm
headquartered in Hong Kong, with operational presence in Singapore and Tokyo.

With the unveiling of HashKey Global, the firm is poised to
expand its offerings, starting with spot trading services for 21 digital
assets. Among the featured assets are popular cryptocurrencies such as bitcoin, ether, Tether’s USDT, and Circle’s USDC. Additionally, the
exchange has revealed plans to introduce futures trading product services in
the coming weeks, further diversifying its portfolio and catering to the needs
of its clientele.

“HashKey Group aims to establish one of the world’s largest
clusters of licensed exchanges within the next 5 years, surpassing all current
regulated exchanges,” said Livio Weng, COO of HashKey Group.

The HashKey Group attained unicorn status earlier this year
following a fundraising round. The infusion of capital, which brought the
company “nearly” to its $100 million fundraising objective, bolstered
its position in the industry.

The choice to set up HashKey Global in Bermuda highlights
the firm’s emphasis on operating within a regulated framework, with a
commitment to compliance

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