Solana
Hong Kong crypto exchange HashKey announces support for Solana
The international arm of Hong Kong-based crypto exchange HashKey has added SOL to its basket of supported assets.
International Cryptocurrency Exchange Sharp touch Global, launched by HashKey Group, expands its list of supported assets by adding Solana (GROUND) with the aim of attracting more customers worldwide.
In the last Press release, the exchange announced that it will launch spot trading for the SOL/USDT pair on May 24 at 10:00 a.m. (UTC). The latest addition expands the list of supported assets on HashKey like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), among others. Transactions are, however, not available to users in the United States or China. Despite the news, SOL is seeing a nearly 8% drop in value, currently trading at $163, according to the latest data from CoinGecko at press time.
The Hong Kong HashKey Group spear the international version of the crypto exchange in early April with the aim of expanding its offering globally. Later, in an interview with the media, Livio Weng, COO of HashKey Group shed on the motivations behind this expansion, saying that “the local market is not that big” and adding that the regulatory burden in the region is “blocking many global users” […].”
Looking to the future, Weng describe the company’s ambitious plans to secure additional funding to bolster its international business initiatives. While specific details regarding the funding remain confidential, reports suggest that HashKey is in talks with potential investors, with projections hinting at a funding round surpassing the $100 million mark achieved in its previous Series A funding .