Overview

• Hong Kong’s HashKey Group has launched a new global cryptocurrency exchange, HashKey Global, with ambitions to surpass Coinbase in trading volume within five years.
• The exchange, operating under a Digital Asset Business license issued in Bermuda, is now available globally except in the US, mainland China, and Hong Kong due to regulatory reasons.
• HashKey Global will offer spot trading services for 21 digital assets, including major cryptocurrencies like bitcoin and ether, with futures trading services to be launched shortly.
• The launch marks another step in HashKey Group's global expansion, having obtained licenses in multiple jurisdictions including Japan, Hong Kong, and Singapore.
• The company aims to establish one of the world's largest clusters of licensed exchanges and is planning another funding round later this year to support its global expansion efforts.