HashKey Group, an Asia-based digital asset financial services firm, today launched a global cryptocurrency exchange named HashKey Global after obtaining a relevant license in Bermuda, as part of the company’s international expansion.
The company said in a statement shared with The Block that the new global exchange will offer trading pairs for 21 cryptocurrencies for qualified retail investors and plans to roll out futures-related products "shortly." "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, chief operating officer of HashKey Group. "The Bermuda license marks another license obtained by HashKey Group following those in Japan, Hong Kong, and Singapore, issued by regulatory authorities in yet another jurisdiction, demonstrating global recognition of our past efforts.
HashKey's new platform, on the other hand, is geared towards global retail customers except for users from the Chinese mainland, Hong Kong, the U.S. and other jurisdictions that do not allow crypto trading.In January, HashKey announced that it raised nearly $100 million in its Series A financing round at a pre-money valuation above $1.2 billion.