The crypto investment fund Hashkey is negotiating the procurement of $ 200 million with an assessment of $ 1 billion (report)

The crypto investment fund Hashkey is negotiating the procurement of $ 200 million with an assessment of $ 1 billion (report)
Since Hong Kong plays a central role in the regional crypto business, local companies try to expand their customer base.
one of these companies, Hashkey Group, according to reports, up to $ 200 million in financial resources to open up new opportunities.
hashkey strives for a financing of $ 200 million
The crypto finance service provider Hashkey Group, based in Hong Kong, strives for a larger proportion of the Asian cryptom market and plans to expand its business. According to reports, the crypto investment fund is in early conversations with risk capital providers to raise $ 200 million at a value of over $ 1 billion.
In a Bloomberg report, it says that the details of the deal discussed are not available because the conversations would be held privately.
The Hashkey Group works in the entire crypto ecosystem-stock exchange, brokerage, risk capital, custody solutions and web3 infrastructure. In addition, Hashkey Pro has approval to operate virtual assets in Hong Kong. In addition to Hashkey Pro, only OSL Exchange has this permission.
Hashkey Capital puts two liquid funds on
Meanwhile, Hashkey Capital is planning to introduce at least two liquid funds to take the chances of the secondary market, said Deng Chao, CEO of Hashkey Capital and Hashkey Singapore, recently in an interview.
In September last year, the Securities and Futures Commission (SFC) from Hong Kong Hashkey Capital, the Hashkey Group's investment branch, granted a license to manage a portfolio from 100 % digital assets.
regional crypto hub
Hong Kong has made constant progress in the past few months and plans to create a transparent regulatory environment for crypto companies. In addition, a schedule for the retail trade was announced with digital assets.
From June 1st, Hong Kong will award licenses to providers of virtual digital assets and thus pave the way to trade with leading cryptocurrencies such as Bitcoin and Ether.
In the past few months, several top-class conferences have taken place in the city state on digital assets that have aroused worldwide interest in Hong Kong's potential to develop into a regional crypto business.
In a groundbreaking decision, the Hong Kong Supreme Court recently decided that cryptocurrencies are property and can be managed in trust. The court ruling contributes significantly to strengthen the trust of the crypto investors. The investment class is now at eye level with other intangible assets such as stocks and bonds.
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