Crypto’s HashKey Raises $100 Million, Claims Unicorn Status
- The company says its valuation now exceeds $1.2 billion
- HashKey operates a licensed Hong Kong crypto exchange
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HashKey Group, operator of one of Hong Kong’s two licensed crypto exchanges, said it raised nearly $100 million in a funding round and is now a so-called unicorn with a valuation exceeding $1 billion.
The company said in a statement on Tuesday that existing and new investors contributed the funding but refrained from identifying them. The money will be used to build out a web3 ecosystem as well as licensed products in Hong Kong, the firm said. HashKey added its valuation lies north of $1.2 billion.