HashKey Capital was granted a license to provide services in Singapore by Singapore’s financial regulator.
HashKey Group’s investment arm has been granted a license to operate in Singapore by the city-financial state’s regulator.
The firm announced today that the Monetary Authority of Singapore has granted it a Capital Markets Service license. HashKey Capital Singapore will provide fund management services in Singapore.
In a statement, Deng Chao, CEO of HashKey Capital Singapore, said, “Once the CMS license is granted, HashKey Capital will be able to offer its services to institutional and accredited investors.”
HashKey Group’s venture arm was established in 2018 and claims to have managed more than $1 billion to date.
In September, HashKey Capital received a Hong Kong license to manage a portfolio entirely comprised of digital assets.