Hong Kong-based HashKey Group will occupy a floor in Three Exchange Square, which is owned by Hongkong Land. Previously occupied by Australia & New Zealand Banking Group Ltd., the space will be an upgrade for HashKey, currently based out of the Cyberport startup business park. Besides Hong Kong, HashKey also operates in Singapore, Tokyo and Shanghai.
The lease represents an evolution of the company’s portfolio in the world’s most expensive office district. Crypto firms now have the clout to move into prime office space, as demand from foreign banks wanes amid the pandemic.
In spite of, or perhaps because of, being the largest landlord in Central, Hongkong Land is a relative latecomer to accepting crypto companies. For instance, CK Asset Holdings Ltd. leased a space in Central’s Cheung Kong Center to trading platform BitMEX in 2018.