Asian Firm HashKey Unveils Global Exchange Post Bermuda Licensing

Asian Firm HashKey Unveils Global Exchange Post Bermuda Licensing


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, the 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.

Establishing HashKey Global in Bermuda’s Favorable
Regulatory Landscape

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 with industry standards and the cultivation of trust
among investors and stakeholders. Bermuda’s favorable regulatory environment
has positioned it as an appealing jurisdiction for companies exploring
opportunities in the digital asset sector while maintaining adherence to
rigorous regulatory protocols.

Earlier, HashKey
obtained all necessary licenses, making it the first Hong Kong firm
to
offer crypto retail trading, as reported by Finance Magnates. This achievement
marks a notable milestone in legal regulations, as it updated Type 1 and Type 7
licenses issued by the Securities and Futures Commission, allowing it to
operate a virtual asset trading platform and provide automatic trading services
to both institutional and retail users.

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, the 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.

Establishing HashKey Global in Bermuda’s Favorable
Regulatory Landscape

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 with industry standards and the cultivation of trust
among investors and stakeholders. Bermuda’s favorable regulatory environment
has positioned it as an appealing jurisdiction for companies exploring
opportunities in the digital asset sector while maintaining adherence to
rigorous regulatory protocols.

Earlier, HashKey
obtained all necessary licenses, making it the first Hong Kong firm
to
offer crypto retail trading, as reported by Finance Magnates. This achievement
marks a notable milestone in legal regulations, as it updated Type 1 and Type 7
licenses issued by the Securities and Futures Commission, allowing it to
operate a virtual asset trading platform and provide automatic trading services
to both institutional and retail users.





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