The completion of a Series A investment round marks a major milestone for HashKey Group, a prominent end-to-end provider of financial services for digital assets with its headquarters located in Hong Kong. With nearly $100 million raised, the company’s pre-money valuation surpassed $1.2 billion.
During this fundraising round, new investors made a significant contribution, and current shareholders shown strong engagement and persistent loyalty. Prominent Web3 institutions, key partners, and institutional investors were among the new contributors.
According to the exchange, the money raised would go into a number of business aspects, including asset management, a service for authenticating blockchain nodes, tokenization services, and a Web3 incubation arm.