OneKey Receives 500K HKD Grant to Support Cryptocurrency Hardware Wallet Development

Hong Kong SAR – OneKey, a leading crypto open-source hardware wallet company, has recently secured a substantial grant of 500,000 HKD from the Cyberport Incubation Program. This grant will provide valuable support to OneKey’s ongoing efforts in developing secure and convenient digital asset management solutions.

Cyberport, an established hub for technology and digital content enterprises, operates under the Cyberport Management Company Limited, which is fully owned by the Hong Kong SAR government. Known for its dynamic entrepreneurial ecosystem, Cyberport has gained recognition as a breeding ground for startup resources and innovation. While Cyberport unveiled an ambitious three-year roadmap last year, securing a significant $200 million in investment, it has also attracted notable companies, including Animoca Brands and Hashkey, within its Web3 community.

The Hong Kong SAR government’s policy statement on digital asset development, released in October last year, has paved the way for exciting projects and pilot programs. These initiatives include the tokenization of government-issued green bonds and the cross-border application of the Central Bank Digital Currency, eHKD. The recent introduction of Crypto Asset ETFs on the Hong Kong Stock Exchange has also expanded opportunities for individual investors in the digital asset space.

With its commitment to excellence, OneKey aims to establish strong communication channels with the local Hong Kong government and is actively pursuing relevant crypto licenses in Hong Kong SAR. As the world’s only hardware wallet invested in by Coinbase, OneKey has a solid foundation and has received significant funding, including a Series A round valued at $65 million led by Dragonfly Ventures and Ribbit Capital, as well as a Series A+ round valued at $85 million led by IOSG Ventures.

OneKey stands out in the market by offering comprehensive features and compatibility across multiple platforms. With its mission to be the preferred choice for individuals and businesses seeking secure crypto asset storage and decentralized banking services, OneKey is poised to contribute to the healthy development of the cryptocurrency industry.