Hong Kong's HashKey Group enters unicorn club

HONG KONG -- Asian digital asset management firm HashKey Group has sealed a $100 million Series A financing round to join the unicorn club -- startup companies valued at $1 billion and above -- at a pre-money valuation of $1.2 billion.

Hong Kong-headquartered HashKey Group roped in prominent institutional investors, leading Web3 institutions and strategic partners for the Series A round, a company release stated without divulging the investors' details.