Gaorong Ventures, an outstanding Chinese risk capital firm known for its early support of Internet giants in the country, has invested $ 30 million in the Operator of the Crypto Exchange with the largest license of Hong Kong, hashkey group, according to a report, according to a report Bloomberg.
The support occurred in an assessment prior to the money of more than $ 1 billion, according to the report. According to reports, a hashkey spokesman said that the valuation after money was close to $ 1.5 billion.
China has banned cryptocurrencies several times. His last repression came in 2021 he saw several cryptographic platforms to leave the country, however, Chinese investors are increasing their bets in the cryptocurrency space. Tencent Holdings, for example, has recently invested in Crypto Market Maker Wintermute, reports The Outlet.
At the beginning of last year, Hashkey Group raised a $ 100 million series A to a subsequent valuation of $ 1.2 billion.
Hashkey, based in Hong Kong, established in 2018, operates the first two exchanges of license cryptocurrencies in the region and is involved in risk funds and asset management.
