$98,549.00
-0.44%$3,360.02
0.43%$256.98
-0.78%$664.82
6.28%$1.55
6.74%$0.470477
19.86%$0.999898
-0.05%$1.084
20.34%$3,359.02
0.40%$0.215854
8.11%$42.40
12.08%$0.00002714
8.76%$5.67
2.55%$3,971.86
0.56%$98,411.00
-0.12%$0.439839
47.56%$7.89
28.22%$16.95
10.74%$530.65
7.83%$3.55
-0.53%$3,358.93
0.37%$0.00002156
1.93%$8.56
-1.10%$103.02
11.88%$6.26
10.00%$12.60
5.29%$10.50
11.11%$3,536.80
0.40%$0.150652
9.92%$11.21
15.05%$0.998394
-0.12%$0.189852
-1.05%$29.58
4.39%$0.543371
17.56%$7.75
6.29%$0.157774
5.18%$523.47
4.19%$0.00005072
-1.00%$1.002
0.09%$24.62
-0.91%$3.93
7.30%$0.04350263
32.87%$1.34
5.91%$3.40
1.89%$0.828792
6.07%$5.18
10.46%$2.07
6.28%$7.88
14.33%$51.17
11.33%$161.07
0.79%$0.84595
-0.47%$28.93
16.59%$2.20
5.16%$6.21
12.48%$175.74
5.01%$1.55
12.93%$0.00026073
1.83%$0.293254
21.00%$0.252005
14.98%$0.854946
20.40%$0.521949
7.27%$0.997674
-0.16%$1.52
1.30%$3,367.47
0.84%$1.94
13.92%$5.72
7.36%$0.641134
4.11%$3,745.18
0.54%$5.99
-1.95%$0.172392
5.98%$98,626.00
-0.36%$3,514.81
0.30%$2.35
4.27%$1.092
10.54%$1.15
2.05%$98,039.00
-0.86%$0.41276
2.47%$3,442.70
0.21%$1.51
-3.67%$100.39
16.31%$72.77
8.29%$1,629.94
0.05%$0.00000143
24.22%$11.03
8.78%$21.11
17.62%$317.11
-1.00%$11.33
2.48%$0.03178499
9.98%$0.821576
13.92%$0.543725
17.65%$0.02302431
6.91%$0.02280761
5.03%$0.77281
8.68%$1.16
2.82%$1.16
-7.79%$0.545236
6.88%$1.27
4.87%$0.0222496
9.63%$98,673.00
-0.31%$3.16
0.31%$270.92
-0.93%$5.96
6.83%$14.55
7.80%$6.59
12.14%$0.172185
7.78%$0.00000257
-10.09%$3,351.10
0.25%$1.41
9.35%$35.33
16.84%$0.470561
20.14%$3.93
4.39%$12.08
4.63%$98,436.00
-0.12%$97,053.00
-1.60%$0.397942
12.17%$1.36
2.52%$0.00004706
5.84%$1.007
3.94%$0.807049
6.49%$0.490816
15.44%$0.902845
-0.85%$1.25
7.89%$0.01009286
2.13%$260.80
-0.90%$3,442.35
0.01%$1.35
2.63%$0.734105
9.25%$5.29
4.82%$39.37
6.27%$0.054207
20.14%$0.00187878
1.81%$0.00763927
5.64%$0.16802
8.35%$0.218773
20.79%$0.999381
0.06%$0.083556
9.08%$48.59
7.59%$0.00728483
-6.29%$0.257758
11.64%$270.63
1.95%$3,352.67
0.26%$2,719.56
0.47%$0.00968029
1.81%$3,358.52
0.39%$0.776594
10.44%$2.10
2.36%$19.89
2.41%$0.097131
16.88%$0.00011809
4.21%$0.996204
-0.03%$1.97
7.70%$1.41
9.63%$0.01385686
5.86%$0.495576
19.89%$2.12
8.48%$3,641.07
0.60%$0.163543
5.16%$1.31
4.28%$33.22
1.34%$0.999523
-0.04%$0.281141
11.52%$0.190635
2.54%$63.38
17.77%$3,361.84
0.64%$0.00792824
1.55%$96,845.00
-1.38%$1.08
2.99%$1.50
5.74%$2,734.67
1.32%$0.536868
-0.28%$0.495681
6.23%$2.20
9.70%$0.080043
-0.57%$98,405.00
-0.16%$0.00000025
4.17%$0.070525
7.15%$1.24
26.09%$3,329.37
0.49%$0.00000051
6.09%$0.538629
-0.83%$98,622.00
-0.06%$0.999953
-0.16%$2.63
3.82%$8.58
0.92%$0.072461
8.29%$3,355.25
0.33%$0.00139902
-9.35%$3.60
4.25%$0.468734
-14.14%$0.365483
6.95%$3.86
-1.99%$0.02382407
12.74%$0.247849
10.72%$1.062
-0.69%$0.00827442
8.38%$0.79295
10.09%$3,600.13
0.51%$0.999078
-0.12%$0.01397402
5.95%$3.88
7.10%$0.00243215
13.65%$3,357.58
0.44%$0.45212
-8.36%$0.999863
-0.03%$49.61
11.97%$26.86
25.08%$1.009
4.11%$3,508.52
0.42%$8.38
5.68%$0.04378588
2.79%$11.47
8.23%$0.417014
2.01%$0.417789
-5.78%$1.91
11.65%$0.0050045
6.94%$0.991431
-1.44%$0.578174
6.00%$96.53
-1.53%$1.064
0.21%$1.92
7.35%$3.76
10.94%$6.45
-2.98%$0.00
9.38%$0.222137
10.78%$0.463259
3.99%$3.62
3.53%$3,700.20
0.39%$1,978.70
-0.42%$31.58
6.78%$0.378162
4.69%$0.337652
1.75%$0.251215
13.55%$4.77
5.24%$98,307.00
-0.56%$0.0372096
10.32%$1.003
0.19%$3,571.61
0.85%$0.00632232
2.47%$0.03654479
8.19%$0.693019
5.81%$0.02458949
7.82%$1.39
2.16%$0.928402
7.97%$0.648096
1.17%$0.03685618
-9.51%$0.869138
-1.75%$97,609.00
-0.54%$0.02034564
5.82%
Crypto firm HashKey Group, which operates the Hong Kong-based HashKey Exchange, has reached "unicorn" status after raising nearly $100 million in a Series A funding round.
In an announcement, HashKey Group said that the raise had carried it to a $1.2 billion valuation—above the $1 billion "unicorn" threshold for a private company.
The company said that the newly raised capital would be used to "solidify HashKey's Web3 ecosystem, accelerate the product diversification of its licensed business in Hong Kong," and build out its global development.
The firm did not disclose the identity of investors in the funding round, stating that they included "prominent institutional investors, leading Web3 institutions, and strategic partners." According to Bloomberg, sources familiar with the matter revealed that OKX Ventures was among the lead investors in the round.
🔥BIG NEWS!
We are proud to announce the completion of a Series A financing round of nearly 💰US $100 million at a pre-money valuation above 💰US $1.2 billion.
The newly raised capital will be used to :
🗝️Solidify HashKey's #Web3 ecosystem
🗝️Accelerate the product… pic.twitter.com/EgpWA04SRN— HashKey Group (@HashKeyGroup) January 16, 2024
Crypto fundraising tumbled in 2023, with just $1.98 billion invested across 376 deals in the third quarter of the year, according to Galaxy Research—numbers not seen since Q4 2020. The ongoing crypto bear market and VC interest shifting to AI were cited as reasons behind the decline, though other factors were also at play.
"Crypto projects just aren’t announcing their rounds," Kavita Gupta, founder of Delta Blockchain Fund, told Decrypt in late 2023, suggesting that it was contributing to a perception that VC interest in the sector was drying up.
HashKey's announcement follows the introduction of a new crypto regulatory regime in Hong Kong in June 2023; HashKey Exchange is one of two exchanges licensed to operate in Hong Kong.
