HashKey said the funds would be put toward its business arms, including asset management, a node validation service, a tokenization service and a Web3 incubation arm.
Hong Kong-based crypto exchange HashKey has raised nearly $100 million in a Series A funding round at a pre-money valuation of over $1.2 billion.
The exchange said on Jan. 16 that the funds would be put toward its business arms, which include asset management, a blockchain node validation service, a tokenization service and a Web3 incubation arm.
HashKey did not disclose the investors for its round, but a Jan. 16 Bloomberg report citing people familiar with the matter named OKX Ventures, the investment arm of competing exchange OKX, as among the lead investors.
