Asia-based cryptocurrency exchange HashKey Exchange plans to issue an ERC-20 token under the name HSK and list it on the exchange.
According to the information on the exchange’s website, HSK token allows people to HashKey aims to contribute to the “overall growth of its ecosystem.” will be used to promote.
According to the details in the whitepaper, HashKey, in total 1 billion HSK generate tokens and 65% to the development of the ecosystem plans to separate. The remaining 30% will be used for incentives, while the remaining 5% will be kept in the safe used by the company for insurance purposes.
of the token, mid next year It is planned to be listed on the stock exchange.
Hash Key operates in 17 different regions, including Hong Kong, Singapore, Malaysia, Israel, the United Kingdom and the United States.
Exchange, both professional and individual investors It has received approval from the Securities and Futures Commission (SFC) in Hong Kong to launch a mobile application that it can use.
The company offers individual investors via website It started to serve on August 28. Speaking to The Block, HashKey COO Livio Weng said: “Overall, according to our research, 85% of users buy and sell via mobile applications.” said.
After the stock market started to serve individual investors a large volume increase lived. According to Weng’s statements, the daily trading volume of the stock exchange on October 30 100 million dollars exceeded.
Hong Kong’s regulator SFC, on cryptocurrency exchange JPEX After the scandal, it began to monitor the cryptocurrency industry more closely. According to Weng’s statements, SFC developed the mobile application developed by HashKey. Been reviewing since July.