Bitcoin
Bitcoin (BTC)
$57,851.00 1.19831
Bitcoin price
Ethereum
Ethereum (ETH)
$3,132.72 1.24734
Ethereum price
BNB
BNB (BNB)
$534.33 1.66643
BNB price
Solana
Solana (SOL)
$139.02 2.34649
Solana price
XRP
XRP (XRP)
$0.4753400 5.8048
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 1.6428
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000088 -1.26794
Pepe price
Bonk
Bonk (BONK)
$0.0000230 -2.30408
Bonk price
Bitcoin
Bitcoin (BTC)
$57,851.00 1.19831
Bitcoin price
Ethereum
Ethereum (ETH)
$3,132.72 1.24734
Ethereum price
BNB
BNB (BNB)
$534.33 1.66643
BNB price
Solana
Solana (SOL)
$139.02 2.34649
Solana price
XRP
XRP (XRP)
$0.4753400 5.8048
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 1.6428
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000088 -1.26794
Pepe price
Bonk
Bonk (BONK)
$0.0000230 -2.30408
Bonk price
Bitcoin
Bitcoin (BTC)
$57,851.00 1.19831
Bitcoin price
Ethereum
Ethereum (ETH)
$3,132.72 1.24734
Ethereum price
BNB
BNB (BNB)
$534.33 1.66643
BNB price
Solana
Solana (SOL)
$139.02 2.34649
Solana price
XRP
XRP (XRP)
$0.4753400 5.8048
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 1.6428
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000088 -1.26794
Pepe price
Bonk
Bonk (BONK)
$0.0000230 -2.30408
Bonk price
Bitcoin
Bitcoin (BTC)
$57,851.00 1.19831
Bitcoin price
Ethereum
Ethereum (ETH)
$3,132.72 1.24734
Ethereum price
BNB
BNB (BNB)
$534.33 1.66643
BNB price
Solana
Solana (SOL)
$139.02 2.34649
Solana price
XRP
XRP (XRP)
$0.4753400 5.8048
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000165 1.6428
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000088 -1.26794
Pepe price
Bonk
Bonk (BONK)
$0.0000230 -2.30408
Bonk price

Hong Kong’s first licensed crypto exchange HashKey launches fund

hong-kongs-first-licensed-crypto-exchange-hashkey-launches-fund
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Hong Kong’s first licensed crypto exchange HashKey launches fund

HashKey Capital, the first licensed crypto exchange in Hong Kong, has announced the launch of a new secondary market crypto fund.

The fund will use a significant portion of its assets to invest in the cryptocurrency industry, targeting different cryptocurrencies. According to a report, the company has secured many potential high-net-worth Asian individuals and companies.

The firm’s portfolio manager, Jupiter Zheng Jialiang, explained that the company will seek to raise $100 million for its fund over 12 months. Zheng Jialiang added that the fund will invest in top-tier cryptocurrencies like Bitcoin and some altcoins.

HashKey exchange development in Hong Kong

HashKey Exchange is the first licensed retail virtual asset exchange in Hong Kong. It officially commenced operations with a grand launch event that brought together representatives from the Hong Kong government, central banking institutions, insurance companies, and Big 4 auditing firms.

The exchange offers direct bank transfers in USD and HKD and support for cryptocurrencies. It operates on the “HEX Engine,” designed to handle up to 5,000 transactions per second (TPS). HashKey Exchange initially focused on Bitcoin (BTC) and Ethereum (ETH) due to their large circulation and lower risk.

However, the exchange has expressed intentions to broaden its offerings in the future, including the possibility of providing margin and derivative products pending approval from the SFC.

HashKey Exchange is actively engaging with significant Hong Kong banks to facilitate the integration of fiat currencies, HKD and USD. Additionally, the exchange is in discussions with brokerage firms in Hong Kong to develop entry points for its crypto trading services. To ensure a secure and reliable trading environment, HashKey Exchange plans to implement an investor rating system that utilizes Know Your Customer (KYC) procedures to assess an investor’s experience.