Feb 14, 03:06 PM

Gaorong Ventures Invests $30 Million in HashKey Group, Hong Kong's Biggest Exchange, Boosting Valuation to $1.5 Billion

Gaorong Ventures, a prominent Chinese venture capital firm, has invested $30 million in HashKey Group, the operator of Hong Kong’s largest licensed crypto exchange. This investment raises HashKey's pre-money valuation to nearly $1.5 billion. The funding is expected to enhance HashKey's presence in regulated markets, as it continues to solidify its position in the cryptocurrency sector. The investment marks a significant move for Gaorong Ventures, which is known for its early backing of major internet companies.

#Gaorong Ventures #Chinese #HashKey Group #Hong Kong #HashKey

Written with ChatGPT (GPT-4o mini).

Sources

Tech in Asia@techinasia
2 years ago
HashKey secures $30m investment, now valued at $1.5b https://t.co/ZrWXLw4qyM
Bitcoin.com News@BTCTN
2 years ago
Gaorong Ventures has invested $30 million in Hong Kong’s @HashKeyGroup, a move that bolsters the crypto unicorn’s presence in regulated markets. 🚀💼 • $30 million invested at a near $1.5 billion valuation • Hashkey operates one of Hong Kong’s first licensed crypto exchanges…
Crypto Town Hall@Crypto_TownHall
2 years ago
GAORONG VENTURES INVESTS $30M IN HASHKEY, BOOSTING VALUATION TO $1.5B China-based Gaorong Ventures has invested $30M in Hong Kong-registered crypto exchange HashKey, bringing its pre-money valuation to nearly $1.5B. HashKey, licensed by Hong Kong’s SFC, continues to solidify… https://t.co/QqDKY1gNAu

Gaorong Ventures Invests $30 Million in HashKey Group, Hong Kong's Biggest Exchange, Boosting Valuation to $1.5 Billion

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