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AI Legalese Decoder Revolutionizes Crypto Funding: HashKey’s $100 Million Raise and Unicorn Status Explained

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### HashKey Group’s $100 Million Funding Round
HashKey Group, the operator of one of Hong Kong’s licensed crypto exchanges, recently announced that it successfully raised nearly $100 million in a funding round. This achievement has catapulted the company into the coveted unicorn status, with a valuation that now exceeds $1 billion.

### The Funding Details
According to a statement released by the company on Tuesday, both existing and new investors came forward to contribute to this substantial funding round. However, the company has opted to keep the identities of these investors confidential for the time being. The influx of capital will be allocated towards the expansion and development of a web3 ecosystem, along with the creation of licensed products within Hong Kong’s market.

### Current Valuation
HashKey Group declared that its current valuation stands at an impressive $1.2 billion, affirming its elevated status within the industry.

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