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Hong Kong cryptocurrency exchange HashKey announces support for Solana
The international arm of Hong Kong-based cryptocurrency exchange HashKey has added SOL to its basket of supported assets.
International cryptocurrency exchange Hash key Global, launched by HashKey Group, is expanding its list of supported assets by adding Solana (SOL) in an effort to attract more customers around the world.
In the last Press release, the exchange said it will launch spot trading for the SOL/USDT pair on May 24 at 10:00 am (UTC). The latest addition expands the list of supported assets on HashKey such as Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) among others. However, operations are not available for users in the United States or China. Despite the news, SOL is seeing a drop in value of nearly 8%, currently trading at $163, according to the latest data from CoinGecko at the time of writing.
Hong Kong HashKey Group launched the cryptocurrency exchange’s international version in early April in an effort to expand its offerings on a global scale. Later, in a media interview, HashKey Group COO Livio Weng shed shed light on the motivations behind this expansion, stating that “the local market is not that big” and adding that the regulatory burden in the region “locks out many global users […].”
Looking to the future, Weng outlined the company’s ambitious plans to secure additional funding to strengthen its international business initiatives. While specific details regarding the funding remain under wraps, reports suggest that HashKey is in talks with potential investors, with projections suggesting a funding round that will surpass the $100 million mark reached in previous Series A funding.