HashKey, a licensed cryptocurrency exchange based in Hong Kong, is poised for global expansion with a new initiative targeting accredited retail investors.

The company unveiled its latest endeavor, HashKey Global, aimed at international markets, as announced in a recent post on X on April 8. In an interview with the Hong Kong Economic Journal, Livio Weng, Chief Operating Officer of HashKey Group, revealed that the newly established exchange will initially provide access to more than 20 currencies, leveraging Bermuda's robust digital asset investor protection system license. This access will be exclusive to accredited retail investors, with plans to introduce futures, staking, and other financial products in the coming quarter.

Weng also disclosed that HashKey's current asset management scale surpasses HK$2 billion (approximately $255 million) and is expected to quadruple to HK$8 billion by the end of 2024.

Despite its global aspirations, the company reiterated its commitment to its Hong Kong headquarters, emphasizing a strategic focus on the Asia-Pacific region for the next five years.

To bolster its business development endeavors, Weng outlined plans to secure additional funding this year. HashKey is currently in talks with potential investors, with the exact financing amount yet to be determined. However, reports indicate that it could exceed the $100 million raised in its previous Series A financing round, which valued the company at over $1.2 billion.