"HashKey Achieves Unicorn Status with $100M Funding Round"
Hong Kong-based crypto exchange HashKey Group has nearly reached its $100 million fundraising target, giving it a valuation of $1.2 billion and unicorn status. The fundraising round was announced in August after the firm obtained a license from Hong Kong’s security regulator. Despite a recent industry downturn, the dynamic rally of bitcoin and other major digital assets in the fourth quarter of 2023, along with the approval of the bitcoin ETF, has brought a sense of optimism for many funds going into 2024.