Online tech learner logo
Online Tech Learner
  • Please enable News ticker from the theme option Panel to display Post

HashKey Launches Global Crypto Exchange Based out of Bermuda

HashKey Launches Global Crypto Exchange Based out of Bermuda

[ad_1]

Key Takeaways

  • HashKey Group, an Asian digital asset services firm, has launched the HashKey Global crypto exchange in Bermuda following the acquisition of a necessary license;
  • With ambitions to become a leading global exchange within five years, HashKey is introducing spot trading for 21 digital assets;
  • Bermuda was strategically chosen for its regulatory environment, well-suited for expansion.

HashKey Group, a digital asset financial services group in Asia, has announced the successful launch of its crypto exchange, HashKey Global, after securing a license in Bermuda.

Ben El-Baz, Managing Director of Hashkey Global, shared that the company explored its options and decided Bermuda’s regulatory environment was ideally suited for expansion.

What is an Automated Market Maker in Crypto? (Animated)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

For its initial phase, HashKey Global is rolling out spot trading services for 21 digital assets, including Bitcoin (BTC) and Ether (ETH), as well as stablecoins like Tether (USDT) and USD Coin (USDC). It also plans to launch futures trading product services in the coming weeks.

Livio Weng, the COO of HashKey Group, has highlighted the company’s forward-looking vision:

HashKey Group aims to establish one of the world’s largest clusters of licensed exchanges within the next 5 years, surpassing all current regulated exchanges.

The group, headquartered in Hong Kong and boasting operations in Singapore and Tokyo, has now achieved unicorn status following a fundraising round that brought it close to its $100 million goal.

The launch of this crypto exchange sets the stage for what promises to be an expansive growth period for the company, ensuring traders and investors worldwide have access to a secure, reliable, and dynamic trading platform.

This is an important step forward for Bermuda, too, as it is aiming for the vision of becoming a crypto hub.

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.


[ad_2]

Source link

administrator

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *