HashKey Hong Kong Central

Crypto Firm HashKey Rents Most Prestigious Office in Hong Kong Central

HashKey Hong Kong Central

HashKey becomes another cryptocurrency company entering Hong Kong’s  central prime office location after crypto derivatives exchange BitMEX. The blockchain investment company is renting a floor in Three Exchange Square in Central. Additionally, HashKey is the first crypto asset firm to sign with the century-old developer Hongkong Land.

Hong Kong-based HashKey Group will move from the Cyberport startup business park to the central prime location.

“Three Exchange Square is one of the most prestigious office buildings in Hong Kong. We are glad to be moving to the center of the business community,” HashKey’s executive president Michel Lee told Bloomberg.

HashKey’s businesses comprise crypto venture capital, trading platform, and blockchain technology investment. Its management team include former executives from the Securities & Futures Commission (SFC), Ant Financial Group, among other financial industry leaders.

HashKey’s sister companies are China Wanxiang Blockchain and Fenbushi Capital, working closely with Ethereum’s co-founder Vitalik Buterin. Buterin is the Chief Scientist at the Wanxiang Blockchain Lab. Buterin also served as Fenbushi Capital’s partner and has been an advisor of the venture capital firm since 2018.

HashKey’s crypto portfolio includes Polkadot, Cosmos, Chinese blockchain PlatON, Korean stablecoin Terra, Harmony, Nervos, Enjin, NFT gaming ‘unicorn’ Animoca Brands, BlockFi, and Blockfolio (now FTX).

HashKey Enters Hong Kong Prime Central Location Following BitMEX

Hongkong Land is the biggest landlord in the heart of the Asian financial hub. And, the century-old developer has signed a crypto company as a tenant for the first time.

Also, this comes after Hong Kong’s securities regulator intends to tighten the regulation to the crypto industry. “The SFC’s recent decision to regulate digital asset exchanges in Hong Kong gives us confidence. That this new asset class has a regulatory framework, and therefore a future within the finance industry,” said Neil Anderson, director and head of office, commercial property at Hongkong Land.

“Until recently, few of these firms had the scale to move into a prime central location. But that is changing now. And we are seeing an increase in inquiries from companies in the fintech space,” Anderson says.

In 2018, crypto exchange BitMEX leased the 45th floor of the Cheung Kong Center, owned by Li Ka-shing’s CK Asset. Moreover, the skyscraper is also home to Goldman Sachs, and the securities regulator SFC.

However, BitMEX has since been troubled by regulations. Its management including co-founder Arthur Hayes were charged by the U.S. Department of Justice in 2020. This April, Hayes turned himself in to face U.S. charges.

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