Hong Kong's leading crypto exchange, HashKey, has announced its support for Solana (SOL), a move that aims to attract more international investors and strengthen its position in the global market.

HashKey Global, the international arm of HashKey Group, has added SOL to its list of supported assets, allowing users to trade the SOL/USDT pair starting from May 24 at 10:00 (UTC). This expansion comes alongside the existing support for popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).

The decision to include Solana in its offerings reflects HashKey's commitment to providing a diverse range of investment options for its growing customer base worldwide. However, it's important to note that the SOL/USDT trading pair is not available for users residing in the United States or China.

HashKey Group's COO, Livio Weng, shed light on the company's motivations behind this global expansion, stating that the local Hong Kong market is relatively small and that the regulatory landscape in the region can be restrictive, limiting the participation of international users.

Looking ahead, HashKey Group has ambitious plans to secure additional funding to bolster its international business initiatives. While the specific details of the funding round remain undisclosed, reports suggest that HashKey is in talks with potential investors, with projections hinting at a funding round exceeding the $100 million mark achieved in its previous Series A financing.

Despite the positive news, Solana (SOL) is currently experiencing a nearly 8% decline in value, trading at $163 according to CoinGecko's latest data at the time of writing. However, this temporary price fluctuation is not expected to dampen the enthusiasm surrounding HashKey's expansion and its embrace of the Solana ecosystem.