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Press Release

HashKey Group Raises Nearly US $100M in Series A Financing Round

Hong Kong , 23 January 2024 – HashKey Exchange, the licensed virtual asset exchange in Hong Kong, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, today announced the execution of a Memorandum of Understanding (MoU) for a strategic partnership.

HashKey Exchange and Animoca Brands will collaborate to establish cooperative opportunities and strategic developments on virtual assets, including providing public education activities about Web3 and potential listing of certain virtual assets on HashKey Exchange. As part of the strategic partnership, Animoca Brands will open an account on HashKey Exchange, emphasizing a mutual commitment to compliant virtual asset trading.

HashKey Group, the parent company of HashKey Exchange, aims to become a key builder of infrastructure in the Asian Web3 digital entertainment ecosystem, contributing to network security and operational efficiency. Animoca Brands and HashKey Group will also closely monitor the cutting-edge trends in the digital entertainment economy. At the same time, both parties will leverage innovative technologies such as smart contracts and zero-knowledge proofs to provide technical support for the operation of blockchain infrastructure, promoting the integration of blockchain technology in the digital entertainment sector.

Livio Weng, HashKey Group COO and HashKey Exchange CEO, said: “We are excited to partner with Animoca Brands, a pioneer in blockchain and digital property rights. This collaboration is a testament to our commitment to providing diverse and innovative offerings to our users. The goal of this partnership is to stimulate the growth and innovation of the digital entertainment industry.”

Yat Siu, co-founder and executive chairman of Animoca Brands, commented: “Partnering with HashKey Exchange aligns with our mission to make blockchain technology and true digital ownership more accessible to a global audience. We look forward to contributing to the vibrant community at HashKey and providing engaging educational content through HashKey Academy.”

This partnership underscores HashKey Exchange’s commitment to expanding its digital asset offerings and aligns with Animoca Brands’ vision of mainstream adoption of blockchain gaming and other products and fostering a more inclusive digital economy.

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About HashKey Exchange

On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, Hash Blockchain Limited (HashKey Exchange) has been granted as the first batch of licensed virtual asset exchanges to offer retail services in Hong kong. HashKey Exchange has recently received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in securities) licence and Type 7 (Providing automated trading services) licence. As HashKey Group’s exchange business, HashKey Exchange provides all-in-one trading services for both professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications.

Stay tuned for more details about HashKey Exchange.

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About Animoca Brands

Animoca Brands, a Deloitte Tech Fast winner, a Fortune Crypto 40 company, and one of the Financial Times’ High Growth Companies Asia-Pacific 2023, is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help to establish the open metaverse. The company develops and publishes a broad portfolio of products including original games such as The SandboxPHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, and products utilizing popular intellectual properties from the worlds of sports and entertainment, such as The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The SandboxBlowfish StudiosQuiddGAMEEnWayPixowlForjLympoAnimoca Brands JapanGrease Monkey GamesEden GamesDarewise EntertainmentNotre GameTinyTapBe.PIXELYNXWePlay MediaGryfyn, and Azarus. Animoca Brands is one of the most active investors in Web3, with a portfolio of over 400 Web3 investments, both directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games, and many more. For more information visit www.animocabrands.com or follow on X (Twitter) or Facebook.

Contacts

Animoca Brands: [email protected]

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