On December 5, 2024, HashKey Group announced a strategic partnership with Nano Labs Ltd (NASDAQ: NA, hereinafter referred to as Nano Labs). According to the agreement, Nano Labs' affiliates will open trading accounts on HashKey Exchange and plan to invest in virtual assets to expand their investment portfolio in the digital currency field. The cooperation between the two parties is not limited to digital asset trading, but is also expected to be carried out in-depth in multiple fields such as Web3 technology development and blockchain ecosystem construction, jointly promoting the innovation and development of the Web3 industry.
HashKey Exchange, the largest licensed virtual asset trading platform in Hong Kong, will provide Nano Labs with secure and professional trading services, ensure the compliance of its investment activities, and provide it with diversified investment options. This move marks Nano Labs' further expansion in the virtual asset field. Previously, the company announced plans to purchase and hold $50 million worth of Bitcoin.
As a company that provides fabless integrated circuit (IC) and product solutions, Nano Labs' business scope covers the development of high-throughput computing (HTC) chips, high-performance computing (HPC) chips, distributed computing and storage solutions, and 3D printing business.
Terence Pu, Managing Director of HashKey Exchange, said: "We are very pleased to reach a strategic cooperation with Nano Labs. Nano Labs has rich experience in technology research and development and market development and a broad user base. This cooperation will not only bring better virtual asset trading and investment opportunities to users of both parties, but also help accelerate the development of the Web3 industry."
Kong Jianping, Director of Hong Kong Cyberport Management Company Limited and Chairman of Nano Labs, said: "Against the backdrop of market trends, favorable policies and growing institutional adoption, Bitcoin is playing an increasingly critical role in the digital asset ecosystem. The partnership with HashKey Exchange will help Nano Labs further expand its virtual asset business, seize development opportunities in the digital asset field, and create greater value for shareholders."
