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HashKey’s Crypto Exchange Goes Live After Winning License in Bermuda

"HashKey Group aims to establish one of the world's largest cluster of licensed exchanges within the next 5 years, surpassing all current regulated exchanges," said Livio Weng, COO of HashKey Group.

Updated Apr 8, 2024, 6:33 a.m. Published Apr 8, 2024, 6:31 a.m.
Ben El-Baz, managing director of crypto exchange HashKey Global, with CoinDesk's Sam Reynolds at the Web3 Festival in Hong Kong, April 2024. (HashKey)
Ben El-Baz, managing director of crypto exchange HashKey Global, with CoinDesk's Sam Reynolds at the Web3 Festival in Hong Kong, April 2024. (HashKey)
  • The HashKey Group has launched an exchange after winning a license to operate in Bermuda.
  • For now, the exchange will offer spot trading services for 21 digital assets, including BTC, ETH, USDT, and USDC.

The HashKey Group, an Asian firm offering digital asset services, has launched the HashKey Global exchange after being granted a license in Bermuda to offer licensed digital asset trading services, it announced on Monday.

“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, COO of HashKey Group.

The firm, which is headquartered in Hong Kong and has operations in Singapore and Tokyo, achieved unicorn status earlier this year after a fundraising round that helped it “nearly” meet its $100 million fundraising target.

For now, HashKey Global will offer spot trading services for 21 digital assets, including bitcoin (BTC), ether (ETH), Tether’s USDT, and Circle's USDC, with futures trading product services set to be launched within weeks.

Read More: Hong Kong Crypto Exchange HashKey Becomes Crypto Unicorn After $100M Raise

Sam Reynolds contributed to this report.



Amitoj Singh

Amitoj Singh is a CoinDesk reporter focusing on regulation and the politics shaping the future of finance. He also presents shows for CoinDesk TV on occasion. He has previously contributed to various news organizations such as CNN, Al Jazeera, Business Insider and SBS Australia. Previously, he was Principal Anchor and News Editor at NDTV (New Delhi Television Ltd.), the go-to news network for Indians globally. Amitoj owns a marginal amount of Bitcoin and Ether below CoinDesk's disclosure threshold of $1,000.

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