The exchange, as part of a group of companies, will provide players with services for working with digital assets

HashKey Group announces collaboration with blockchain game Catizen for Telegram

19.08.2024 - 13:45

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3 min

What’s new? Crypto finance company HashKey Group has announced a partnership with the Catizen blockchain game team for the Telegram messenger. As part of the partnership, HashKey Global's licensed centralized crypto exchange (CEX) will provide digital asset services to Catizen's 29 million players worldwide.

Press release

What else is known? Catizen has become the first Web 3.0 partner of HashKey Group, the parties will implement innovative solutions and develop a global infrastructure for the GameFi sector (blockchain games with the possibility of earning cryptocurrencies). At the same time, they will focus on working in the TON blockchain ecosystem, which is closely integrated with Telegram.

Thus, back in April, HashKey Group entered into a strategic agreement with the Ton Foundation, which, according to the press release, has already led to a significant expansion of the blockchain ecosystem. For example, Catizen has attracted 29 million users in the 150 days since its launch, with daily active users (DAU) peaking at 3,5 million.

TON Ventures launched a $40 million fund to support startups in the blockchain ecosystem

TON Ventures launched a $40 million fund to support startups in the blockchain ecosystem

Selected projects will receive advertising on Telegram, media support and access to strategic partnerships

Read more

Catizen is the flagship project of game platform Pluto Studio, which raised a funding round in July led by the venture capital arm of CEX major Binance. Catizen is a bot-format game for Telegram where you have to pump pets and earn coins.

HashKey notes that Catizen stands out from competitors in terms of usability, bridging the gap between casual gamers and players in the Web 3.0 space, accelerating the global adoption of Web 3.0.

HashKey aims to become a key Web 3.0 infrastructure developer in the digital entertainment ecosystem in Asia. As part of the partnership, HashKey Group will provide regulatory guidance and advice as well as technical support to Catizen and related projects.

In addition, Catizen will partner with HashKey in a campaign to conduct a free HSK native token giveaway. The parties also intend to implement animal welfare and social responsibility initiatives that will expand HashKey's and Catizen's global communities.

Catizen aims to create an ecosystem of mini-apps with their own project launch (lunchpool) and trading platforms. According to HashKey, it will engage users through gamification and a Play-to-Airdrop strategy, introducing a new way for users to interact with Web 3.0.

HashKey Group includes crypto investment company HashKey Capital, asset tokenization platform HashKey Tokenisation, PFP project incubation platform HashKey NFT, cloud platform HashKey Cloud, over-the-counter platform HashKey OTC, global crypto exchange HashKey Global and Hong Kong crypto exchange HashKey Exchange, which was the first to be licensed to operate in the local market.

The valuation of the group of companies at the end of the funding round earlier this year crossed the $1 billion mark. HashKey Group provides digital asset financial services and has global operations in Hong Kong, Singapore, Japan and Bermuda.

In addition, it has its own Layer 2 (L2) HashKey Chain network based on the Ethereum blockchain. It utilizes zero-knowledge proof-of-concept (ZK) technology for scalability and cost efficiency. The launch and airdrop of a native HSK token is planned for later.

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