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Altcoin News

Hong Kong Based HashKey adds Solana support

HashKey Global is aiming for over $100M in new funding to expand international reach.

Written By:
Ezra Kaimenyi

Last updated: May 27, 2024 4:04 PM
Published 2024-05-24
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Last updated: May 27, 2024 4:04 PM
Published 2024-05-24
Hong Kong Based HashKey adds Solana support

HashKey Global, the international branch of the Hong Kong crypto exchange, has announced the addition of Solana (SOL) to its supported assets list.

HashKey’s goal is to attract more customers from around the world with the addition of Solana. Spot trading for the SOL/USDT pair will begin on May 24 at 10:00 UTC. 

HashKey also supports assets such as BTC, ETH, and DOGE. Nevertheless, trading will be unavailable for users in the U.S. and China. Despite this news, the value of SOL has decreased by 6.8%, dropping to $165, according to CoinMarketCap data.

HashKey Global was launched in early April to broaden the exchange’s offerings internationally. In a recent interview, company representatives highlighted plans to secure additional funding to support its international business initiatives. 

Although the details remain undisclosed, reports indicate that HashKey is in discussions with potential investors, aiming for a funding round that could surpass the $100 million raised in its previous Series A. 

HashKey Group’s decision to list Solana and its efforts to secure substantial funding highlights the company’s dedication to expanding its global reach and improving its services for a wider audience.

Also Read: Zeta Markets Launches ZX: A DeFi Layer 2 on Solana

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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By Ezra Kaimenyi
Ezra, a seasoned content writer, with three years of blockchain experience from various industry projects, offering adept analysis and latest news

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