HKbitEX is a Hong Kong–headquartered digital asset exchange that provides a compliant, regulated digital asset spot trading and over-the-counter (OTC) trading platform for global professional investors. Since its launch in 2019, the company has been developing a variety of products to support the digital asset ecosystem and is one of the first organizations in the Asia‑Pacific to apply for a virtual asset trading platform license from Hong Kong's Securities and Futures Commission. HKbitEX is developing a suite of products to power the upcoming Security Token Offering (STO) market, aiming to unlock liquidity for previously illiquid assets such as real estate, IP rights, green financing, and private equity funds. The company says the new regulatory regime announced by the SFC aligns with its vision and will broaden investor access and improve liquidity. The new investment will provide resources to advance HKbitEX's technology and compliance capabilities and accelerate expansion of the STO market. The article does not disclose revenue or user metrics.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2020