Hong Kong’s New Investment Avenue
HashKey Capital, known as Hong Kong’s premier licensed crypto exchange, recently unveiled its latest venture: a secondary market crypto fund. This initiative significantly positions a chunk of its assets towards the dynamic world of cryptocurrency.
Targeting the Crypto Spectrum
Diverse cryptocurrencies are on HashKey’s radar, and they’re not holding back. Reports mention the exchange has successfully onboarded an array of potential high-net-worth Asian entities – both individuals and corporate giants. Steering the ship is the firm’s portfolio manager, Jupiter Zheng Jialiang, who revealed a bold aim to amass $100 million for the fund within a year. As part of its strategic investment roadmap, the fund plans to plunge into the waters of top-tier cryptocurrencies, including the formidable Bitcoin and select altcoins.
HashKey’s Exchange Progress in Hong Kong
Having the distinction of being the first licensed retail virtual asset exchange in the bustling financial hub of Hong Kong is no minor feat. HashKey Exchange marked its entry with a grandiose launch that saw the gathering of a diverse spectrum of representatives – from governmental corridors to banking and auditing magnates.
Their offerings? A seamless blend of bank transfers in the globally dominant USD and the local HKD, combined with robust support for cryptocurrencies. All of this is powered by the innovative “HEX Engine,” engineered for a mind-boggling 5,000 TPS. While Bitcoin and Ethereum initially were the focal points owing to their vast circulation and diminished risk, HashKey Exchange has its eyes set on the horizon, envisioning a broadened product spectrum.
Collaboration and Security: Key Pillars
The exchange isn’t just about trading; it’s about fostering a collaborative ecosystem. Active dialogues with prominent Hong Kong banks are in place to ensure seamless fiat currency integrations. Simultaneously, potential synergies with local brokerage firms aim to unlock new avenues for crypto trading. As trust remains paramount, HashKey Exchange envisions a fortified trading space, highlighted by its planned investor rating system, which hinges on stringent KYC protocols.
