On November 25, 2024, licensed virtual asset exchange HashKey Global announced a partnership with Solana's second-layer network Sonic, and Sonic officially became HashKey Global's Web3 partner. The two parties will focus on the Solana ecosystem to provide more innovative experiences for global players and digital asset users. Relying on HashKey's strong trading resources and community scale, HashKey Global will provide Sonic's global community with more compliant and reliable digital asset services. In this cooperation, the two parties will launch a community reward event with a total prize pool of up to 100,000 HSK and 500,000 Sonic Rings.

Sonic is the first TikTok Web3 App player launched on Solana, designed for games and applications, aiding in the onboarding of the next billion users.

HashKey Global is committed to promoting the prosperity of the global Web3 ecosystem and connecting global users with more quality projects through HSK. This cooperation will fully leverage the advantages of HashKey Global's licensed compliance and the innovative potential of Sonic SVM technology to provide users with a safer and more efficient trading experience.

Ben El-Baz, Managing Director of HashKey Global, stated, "We are pleased to announce our collaboration with Sonic, a pioneering force in the Solana ecosystem. This collaboration is an important step in enhancing the Web3 experience for global gamers and digital asset users. By combining HashKey Global's strong trading resources and community influence with Sonic's innovative SVM technology, we are committed to providing users with a safer and more efficient trading environment. Both parties will work together to promote a vibrant and compliant digital asset ecosystem, continuously empowering users and communities, and driving the next wave of innovation in the Web3 gaming sector."

Chris Zhu, CEO of Sonic SVM, stated, "The collaboration with HashKey Global is an important milestone in our goal to popularize Web3 gaming. By integrating Sonic X, HashKey can reach a brand new user base, including millions of users involved through TikTok. We believe this is the starting point for many exciting collaborations between both parties."

On the eve of HSK's launch, both parties jointly launched a community incentive activity with a total prize pool of up to 50,000 HSK and 250,000 Sonic Rings. Users who complete KYC verification through the invitation link of the SonicX App can receive 5 HSK and 25 Sonic Rings; after completing KYC, the first deposit of any amount of assets will also receive an additional 5 HSK and 25 Sonic Rings. Rewards are available on a first-come, first-served basis, while supplies last. Rewards will be distributed in two phases: the first phase will be distributed on November 25, 2024, covering users who completed tasks from 10:00 (UTC) on November 22 to 23:59 (UTC) on November 24; the second phase will be completed within 7 days after the event ends. All rewards will be sent directly to the user's HashKey Global account. For more details, please follow the official announcement.

About HashKey Global

HashKey Global is a global flagship virtual asset exchange under HashKey Group, providing licensed virtual asset trading services to users worldwide. HashKey Global has obtained a comprehensive license for the digital asset investor protection system issued by the Bermuda Monetary Authority (BMA), offering mainstream trading and service products such as LaunchPad, contracts, and leverage.

For more details, please visit global.hashkey.com. Disclaimer.

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About Sonic

Sonic is the first SVM game chain, supporting a diverse gaming ecosystem that includes FOGC (first-person open-world games), action shooting games, Web3 gambling, and more. By using the HyperGrid framework, Sonic provides developers with the ability to deploy interoperable SVMs, helping to shape the future of gaming. Learn more: https://www.sonic.game/