“HashKey Group aims to establish one of the world’s largest cluster of licensed exchanges within the next 5 years, surpassing all current regulated exchanges,” said Livio Weng, COO of HashKey Group.
16:9 Ben El-Baz, managing director of global crypto exchange HashKey Global at the Web3 Festival in Hong Kong. April 2024 (HashKey)
The HashKey Group has launched an exchange after winning a license to operate in Bermuda.
For now, the exchange will offer spot trading services for 21 digital assets, including BTC, ETH, USDT, and USDC.
The HashKey Group, an Asian firm offering digital asset services, has launched the HashKey Global exchange after being granted a license in Bermuda to offer licensed digital asset trading services, it announced on Monday.
“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 firm, which is headquartered in Hong Kong and has operations in Singapore and Tokyo, achieved unicorn status earlier this year after a fundraising round that helped it “nearly” meet its $100 million fundraising target.
For now, HashKey Global will offer spot trading services for 21 digital assets, including bitcoin (BTC), ether (ETH), Tether’s USDT, and Circle’s USDC, with futures trading product services set to be launched within weeks.
HashKey Global is a digital asset trading platform operated by HashKey Bermuda Limited under a Type F license granted by the Bermuda Monetary Authority. This information does not constitute an offer, solicitation, or recommendation for any investment product. Investing and trading virtual assets involve risks. HashKey Global does not service users from Hong Kong, United States, Mainland China and certain other jurisdictions in compliance with laws and regulations. Certain services, features, and campaigns may not be available in your jurisdiction.
RISK WARNING ABOUT HSK: Please be aware that HSK is not currently listed on any exchange and there is no guarantee that it will be listed in the future. As a result, HSK presently has no established market value. The timeline for the potential listing of HSK remains uncertain. In the event that HSK is successfully listed, it may be subject to various trading restrictions in accordance with applicable regulations and laws. These restrictions may include, but are not limited to, limiting the trading of HSK solely to eligible professional investors in select locations and subject to regulatory approval. The value of HSK is subject to substantial risk and may diminish or fluctuate significantly in response to various market conditions and other factors beyond HashKey Global’s control. HashKey Global and its affiliates make no warranties, express or implied, in relation to HSK or any rewards and disclaims any liability relating thereto.
