HashKey Capital

Digital asset solution Mento Labs completes $10 million financing, with participation from HashKey Capital and others

ChainCatcher news, according to CoinDesk, the development team of the decentralized EVM platform Mento on the Celo network, Mento Labs, announced the completion of a $10 million funding round. This round of financing was supported by T-Capital, HashKey Capital, Richard Parsons, Flori Ventures, No Limit Holdings, Verda Ventures, and w3.fund.Mento Labs also announced a stablecoin roadmap, planning to add three local digital currencies to its expanding decentralized stablecoin lineup: Philippine Peso (PUSO), Colombian Peso (cCOP), and Ghanaian Cedi (cGHS).According to project documentation, the Mento stability protocol can be seen as an over-collateralized, decentralized, and transparent stable asset mechanism. The protocol utilizes crypto reserves, allowing users to adjust the supply of Mento stable assets based on changing demand. Users can exchange between Mento stable assets and reserve collateral assets through the protocol.Additionally, the Web3 asset data platform RootData shows that Mento Labs is an innovation lab for stablecoins and digital assets, derived from cLabs (Celo). The lab provides a basket of cryptocurrency asset platforms for Mento, with all Mento stablecoins (cEUR, cREAL, cUSD) fully backed by USDC and DAI. Furthermore, Mento also has support for loyalty and engagement, regenerative finance, as well as risk management, monitoring, and maintenance.

UXLINK has secured a new round of financing led by SevenX Ventures, INCE Capital, and HashKey Capital

ChainCatcher news, the social infrastructure project UXLINK announced that it has secured a new round of financing led by SevenX Ventures, INCE Capital, and HashKey Capital, along with several other investors. This round raised over $5 million, less than three months after the previous round. UXLINK has raised a total of over $15 million to date, covering several top-tier institutions and well-known individuals from Europe, America, Asia, and the Middle East.According to the Web3 asset data platform RootData, UXLINK is a social platform and infrastructure based on "acquaintance social relationships" and groups, with over 5.5 million registered users, more than 1 million daily active users, and over 100,000 groups. According to the UXLINK community leader, the newly raised funds will mainly be used for ecological and post-TGE product development, better supporting the issuance, distribution, and trading of socialized assets. Currently, UXLINK's DAPP and protocol revenue are steadily increasing, with good cash flow.Jon, founding partner of SevenX Ventures, stated, "We are optimistic about UXLINK's ability to nurture asset issuance and trading capabilities through socialization, becoming a key hub linking Web3 infrastructure and application scenarios."Rui, the project investment leader at HashKey Capital, said, "Through private social networks, acquaintance-driven user acquisition, and Telegram group chat dissemination models, UXLINK has quickly become one of the most active blockchain social platforms at this stage. The team looks forward to providing more Web3 native assets and on-chain products to this group of users, driving the mass adoption of Web3 applications."Alex Yan, executive director of INCE Capital, stated, "Social interaction is a basic need for everyone and is also an essential path for Web3 to achieve large-scale applications. UXLINK has built a brand new Social Infrastructure leveraging acquaintance relationship chains and social dissemination mechanisms, making it possible to create a new generation of Web3 social products with a large user base, high-density connections, and diverse interactions."

HashKey Capital has become a company that can provide cryptocurrency asset management and consulting services for retail investors simultaneously

ChainCatcher news, according to official sources, global virtual asset management company HashKey Capital Limited announced today that it has obtained a Type 4 license issued by the Hong Kong Securities and Futures Commission (Hong Kong SFC). The company's license number is BOP237, making it the first licensed institution to provide virtual asset and securities investment management and advisory services to retail investors under specific conditions.With the Type 4 license, HashKey Capital is authorized to provide virtual asset and investment advisory services to retail and professional investors, subject to completing due diligence and investment knowledge assessments for investors. Previously, the company's Type 9 license was upgraded, allowing it to extend services to retail investors and provide services while managing a 100% virtual asset investment portfolio. Now, with the dual recognition of the Type 4 license and the upgraded Type 9 license, HashKey Capital can offer more comprehensive virtual asset investment management services, including tailored virtual asset research and advisory services for both retail and professional investors.This strategic layout reflects HashKey Capital's determination to continue expanding its virtual asset investment business following the launch of the Bosera HashKey Bitcoin and Ethereum Spot ETFs. The two ETFs are managed by Bosera Asset Management (International) Co., Ltd., with HashKey Capital Limited serving as the deputy fund manager for the ETFs.
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