HashKey Global, a crypto exchange, has opened its doors to new cryptocurrency listings after receiving approval for its regulated system. This approval came following HashKey Group's nod from the Bermuda Monetary Authority for HashKey Global and HashKey Capital's green light for spot Bitcoin and Ethereum ETFs in Hong Kong.

The announcement on April 16 marked the official launch of HashKey Global's regulated token listing system. This system aims to provide trading options like LaunchPad, futures, leverage, and asset staking.

Having recently begun spot trading with 21 cryptocurrencies, HashKey Global now seeks to expand its offerings with high-quality assets. By doing so, it aims to attract more users and compete with the likes of U.S.-based Coinbase within five years.

The application process for listing on HashKey Global involves a Google form through which projects can apply. Factors considered during the evaluation include project background, community size, products, and token economic models.

Projects that pass the initial review may be asked to undergo security audits, provide legal opinions, demonstrate compliance with Anti-Money Laundering measures such as Know Your Transaction (KYT), among other requirements.

Additionally, HashKey has partnered with Bosera to launch spot Bitcoin and Ether ETFs, further expanding its offerings in the crypto market.

In conclusion, HashKey's move to open its regulated token listing system signifies new opportunities for projects seeking exposure in the crypto market. With a thorough evaluation process in place, the exchange aims to attract high-quality assets and increase its market share globally.