Mainnet Milestone
HashKey Group has launched its Ethereum Layer 2 network, HashKey Chain, on the mainnet after an eight-month development period. The Hong Kong-based digital asset provider joins the Ethereum Superchain ecosystem, which includes networks like Coinbase’s Base and Kraken’s Ink. During its testnet phase, HashKey Chain achieved significant milestones, including 25 million transactions, 860,000 wallet addresses, and 400 transactions per second. The network also successfully onboarded 50 projects and engaged over 300,000 community members.Optimized for Developers and Users
Built using Optimism’s OP Stack, HashKey Chain enhances scalability and interoperability. It also supports a developer-friendly ecosystem, offering a $50 million grant program to fund innovative projects. The grant includes non-dilutive funding, technical assistance, and hackathon opportunities. HashKey Chain’s native token, HSK, is live on multiple exchanges and supports governance and ecosystem development. The network aims to provide a secure and efficient platform for building decentralized applications while adhering to regulatory standards.Broader Impact on Crypto Services
HashKey’s ambitions extend beyond Layer 2 networks. The company offers trading, custody, and blockchain ecosystem solutions. It also manages Hong Kong’s first spot Bitcoin and Ethereum ETFs, which have collectively garnered over $88 million in inflows. As part of the growing Ethereum ecosystem, HashKey Chain reflects the global push for scalable blockchain solutions. Its compliance-driven approach positions it as a leader in the Asian crypto market, fostering innovation while meeting regulatory requirements.
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