HashKey Completes a $40 Million Investment in SignalPlus and Announces a Strategic Partnership

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
HashKey Holdings (3887.HK) announced a $40 million investment in SignalPlus, marking a partnership in crypto industry news. The funding was led by HashKey Capital, which previously supported SignalPlus in its seed round. SignalPlus, a derivatives trading platform, specializes in options systems, market-making, and structured products. The partnership aims to combine strengths in digital assets and derivatives technology, with both companies planning to expand institutional services and enhance competitiveness in the crypto industry.

Odaily Planet Daily reports: HashKey Holdings Limited (3887.HK), an established comprehensive digital asset company in Asia, today announced that its asset management arm, HashKey Capital, has completed a $40 million investment in SignalPlus, a cryptocurrency derivatives trading platform. With this investment, HashKey will enter into a comprehensive strategic partnership with SignalPlus to jointly advance the long-term development of the industry.

SignalPlus is a leading institutional-grade infrastructure platform in the cryptocurrency derivatives space, specializing in options trading systems, automated market making, and structured product solutions. Its services are now deeply integrated into major global crypto options markets and hold a leading market share in Asia. HashKey Capital, the asset management arm of HashKey, led SignalPlus’s seed round and has consistently supported its growth from the early stages, making follow-on investments in subsequent funding rounds. This investment further deepens the long-standing partnership between the two parties and reflects HashKey’s ongoing recognition of SignalPlus’s technological capabilities, market position, and industry potential.

Xiao Feng, Chairman and CEO of HashKey Group, said: “We are very pleased to further deepen our capital investment in and collaboration with SignalPlus. Currently, global institutional capital is rapidly flowing into the crypto derivatives space, and demand for compliant, stable, and highly professional institutional-grade infrastructure is growing urgently. In the future, HashKey and SignalPlus will work together through comprehensive strategic collaboration to drive product innovation and global business expansion.”

Leveraging this investment and strategic partnership, HashKey and SignalPlus will combine their respective strengths in the digital asset industry ecosystem and derivatives trading technology to jointly expand into the global institutional services market, enhancing their strategic competitiveness and influence within the global digital asset derivatives ecosystem.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.