Hashkey Group plans to conduct A+ or B round of financing this year, and the amount may be higher than the previous round.

Digital asset financial services group Hashkey Group announced the completion of nearly $100 million in Series A financing earlier this year. Chief Operating Officer Weng Xiaoqi revealed in an interview that in order to support business development, it plans to conduct a new round of A+ or B round financing this year. Investors have been contacted and negotiated. The financing amount has not yet been determined, but there is a chance that it will be higher than the previous round. He said that this year is still a period of rapid growth for HashKey, and a lot of investment will be made, especially in global expansion. It is not expected to record a profit this year. It is expected that with the new global trading platform HashKey Global and Hong Kong institutional business, it may start to try to make a profit next year. As for hiring more people, he frankly admitted that HashKey will expand, but it will not expand too much before recording large-scale profits. The current number of employees is about 400, and it is expected to increase to less than 600. The main hope is to hire core business employees, especially in the HashKey Global business. It will give priority to finding talents around the world and distribute offices in various places to serve customers in different time zones. The Hong Kong industry is actively preparing for virtual asset spot ETFs. Weng Xiaoqi predicts that the industry will have virtual asset spot ETFs approved in the second quarter. HashKey is currently working closely with more than a dozen fund companies, and has submitted plans to the Securities and Futures Commission with several partners, but is still waiting. Currently, 90% of the product functions that connect with partners have been developed, such as custody and settlement reports, and it hopes to become the fastest institution to provide products to partners. It also said that this year is a critical period for the development of the Hong Kong market, and it will strive to increase its market share. (Hong Kong Economic Journal)