Hashkey Group (“Hashkey”) recently completed a Series A financing round of nearly USD 100 million at a pre-money valuation of more than USD 1.2 billion. M88 game APKdvised one of the major investors on its investment in Hashkey, and assisted the client with the review, revision and negotiation of the relevant transaction documents, as well as the closing preparation and implementation.
HashKey is Asia’s end-to-end digital asset management and finance house with an outstanding reputation in the industry. Headquartered in Hong Kong, the group offers new investment opportunities and solutions to large institutions, family offices, funds, and professional and accredited investors across the digital asset and blockchain ecosystem. HashKey Exchange is one of two licensed virtual asset trading platforms in Hong Kong and has been granted licenses by the SFC for Type 1 regulated activity (dealing in securities) and Type 7 regulated activity (providing automated trading services).
This was a benchmark equity investment transaction in the virtual asset field in Asia this year. The transaction documents and negotiations were relatively complex, involving not only the difficult points in equity investment negotiations, but also a compliance analysis related to virtual assets in Hong Kong. As the legal counsel to one of the major investors, JunHe’s team effectively advanced the implementation of the transaction and won high recognition and trust from the client for the efficient and rigorous legal services it delivered.
The JunHe team was led by partners m88 sport betting app and m88 casino bonus code 君合法评. Partners m88 sport betting app, m88 casino bonus code 君合法评 and M88 Game 一般公司融资及其它跨境融资交易 were responsible for the specific work.