Hong Kong Based HashKey adds Solana support

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As an analyst with extensive experience in the crypto market, I see HashKey Global’s addition of Solana (SOL) as a strategic move to attract more international customers. The exchange, established by HashKey Group, is dedicated to expanding its offerings globally and increasing its user base. With the support for SOL/USDT pair trading starting on May 24, HashKey now offers trading in BTC, ETH, DOGE, and SOL. However, it’s important to note that users from the U.S. and China will not be able to trade this asset.

HashKey Global, the international branch of the Hong Kong crypto exchange, has announced the addition of Solana (SOL) to its supported assets list.HashKey Group established this exchange, and its goal is to attract more customers from around the world with this addition. Spot trading for the SOL/USDT pair will begin on May 24 at 10:GMT 0000. 

HashKey is among the cryptocurrencies they accommodate, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and more recently, Solana (SOL). However, trading functionality will be inaccessible for users based in the United States and China. As reported by recent financial news, the price of SOL has fallen by 6.8%, resulting in a value of approximately $165, as indicated by CoinMarketCap’s data.

Company representatives from HashKey Global revealed in a recent interview their intentions to obtain extra financing for boosting their international business endeavors, which they initiated in early April.

Reports suggest that HashKey is holding talks with prospective investors for a new funding round, which could potentially exceed the $100 million raised during their last Series A financing.

The commitment of HashKey Group to include Solana in its listing and their pursuit of significant investment showcases their determination to broaden their horizons on a global scale and enhance their offerings to cater to a larger and diverse user base.

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2024-05-24 13:56