Hong Kong’s HashKey raises $30m from Chinese venture firm Gaorong Ventures: report

The venture capital company based in Beijing, Gaorong Ventures, would have supported Hashkey Group with $ 30 million, assessing the operator for the best exchange of Hong Kong crypto at $ 1.5 billion.

Hong Kong-base Chopping The group obtained an investment of $ 30 million in Beijing Gaorong Ventures, making it a rare decision by a Chinese Farm in Crypto space, Bloomberg A learnedquoting people familiar with the problem.

Gaorong Ventures, who previously supported Chinese Internet giants like Meituan and PDD Holdings, invested in Hashkey in a pre-money assessment of more than a billion dollars, a figure that has been mainly unchanged since the company reached the status of unicorn in 2024 after collecting $ 100 million. A Hashkey spokesperson in a statement in Bloomberg, confirmed that the investment of $ 30 million in Gaorong put the post-money assessment at nearly $ 1.5 billion.

The funding comes just a week after Hashkey Capital, the Investment Branch of the Hashkey group, Received approval of the Hong Kong Securities Commission to offer discretionary management of accounts for cryptocurrencies. Approval means that Hashkey Capital can manage investment products such as spot cryptography, derivatives and even over -the -counter transactions against rich customers.

Founded in 2018, Hashkey Group is a crypto company based in Hong Kong offering services such as trade in exchange, guard, brokerage, venture capital, asset management and validation of nodes. The company is authorized by several financial regulators, including the British Financial Conduct Authority, and also has licenses in Hong Kong, Singapore, Japan and Dubai.