# HKbitEX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hkbitex

- Industry: Financial Services
- Headquarters: Hong Kong, Hong Kong SAR - China
- Website: www.hkdaex.hk
- Total disclosed funding: $10M
- Latest round: Series A (Dec 8, 2020)
- Investors on record: 7

## About

Established in 2019 and based in Hong Kong, China, HKbitEX is a Hong Kong-based digital asset exchange, mainly providing digital asset trading services. The company's vision coincides with the regulatory system in Hong Kong and aspires to establish a safeguard mechanism for the digital asset market. The company's team comes from the Hong Kong Stock Exchange and has rich industry experience in the financial industry. In December 2020, it closed a round of USD 10 million series A2 funding.

The company specializes in the virtual asset exchange business and is committed to building a market for security-based pass-throughs (STOs). The company is also building digital asset markets in real estate, intellectual property, green finance and private equity.

## Funding rounds

- Series A, Dec 8, 2020, $10M — DFJ DragonFund China, Lenovo Capital and Incubator Group, Lingfeng Capital, Algorand Foundation Ltd., Hanwha Asset Management, QBN Capital, Axion Global Investment Limited

## Investors

- DFJ DragonFund China (https://capitalatlas.ai/funds/dfj-dragonfund-china) — Series A
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series A
- Lingfeng Capital (https://capitalatlas.ai/funds/lingfeng-capital) — Series A
- Algorand Foundation Ltd. — Series A
- Hanwha Asset Management (https://capitalatlas.ai/funds/hanwha-asset-management) — Series A
- QBN Capital (https://capitalatlas.ai/funds/qbn-capital) — Series A
- Axion Global Investment Limited — Series A