HashKey Group is a Hong Kong-based operator of licensed cryptocurrency exchanges and a crypto-focused venture and asset manager. Founded in 2018, it runs the region’s first two licensed crypto exchanges and has been described as Hong Kong’s largest licensed crypto exchange operator. The company provides exchange services alongside venture funding and asset management activities. Early last year HashKey raised a $100 million Series A at a $1.2 billion post-money valuation. Most recently it secured a $30 million investment from Gaorong Ventures at a reported pre-money valuation of over $1 billion, bringing its post-money valuation close to $1.5 billion. The funding comes amid continued Chinese investor activity in the crypto space despite domestic regulatory crackdowns. HashKey Group is a Hong Kong-licensed cryptocurrency exchange offering services to retail users and professional investors. It also operates in Singapore and Tokyo and provides investment opportunities and solutions to institutions, family offices, funds, and accredited investors across the digital-asset and blockchain ecosystem. Core businesses include an exchange, brokerage, venture capital fund, Web3 infrastructure service business, and technology services. The company raised nearly $100M in a Series A at a pre-money valuation of over $1.2 billion. HashKey intends to use the funds to enhance its Web3 ecosystem and to diversify products of its licensed Hong Kong business. The backers were not disclosed.

Total raised

$130M

Funding rounds

2

Latest round

Equity

Latest activity

Feb 2025