At the center of this ecosystem is HashKey’s platform token, HSK.

What Does HashKey (HSK) Aim For?

HashKey is a comprehensive digital asset platform providing blockchain and cryptocurrency-focused financial services. Its areas of activity are not limited to crypto trading alone. HashKey operates in many fields, including licensed crypto exchange operations, asset management, brokerage services, over-the-counter (OTC) trading, institutional client solutions, venture capital investments, cloud-based Web3 infrastructure, and asset tokenization.

The platform aims to deliver all these services within a high regulatory compliance framework. Security and transparency are priority issues in critical processes such as the storage, management, and transfer of digital assets. HashKey also develops infrastructure products and blockchain solutions that contribute to the development of the Web3 ecosystem.

A Strong Asia-Centered Global Structure

HashKey Group is a digital asset company operating Asia-centered since 2018 and expanding globally. The group conducts its operations in key financial centers such as Hong Kong, Singapore, Japan, and Bermuda, with the goal of creating a regulatory-compliant Web3 ecosystem.

Under the HashKey Group umbrella, there are multiple structures focused on different areas of expertise:

• HashKey Exchange: Stands out as one of the largest licensed virtual asset exchanges in Hong Kong.
• HashKey Global: The main digital asset exchange targeting global users.
• HashKey Capital: A global asset manager investing solely in blockchain technologies and digital assets.
• HashKey OTC: Offers regulatory-compliant over-the-counter (OTC) trading services.
• HashKey Cloud: A technology unit providing global-scale Web3 infrastructure solutions.
• HashKey Tokenisation: Provides consulting and implementation services for the tokenization of real-world assets.

Thanks to this structure, HashKey has become one of the rare platforms capable of offering end-to-end digital asset solutions to individual and institutional investors.

HashKey’s On-Chain Ecosystem and HashKey Chain

HashKey Group has developed a strong on-chain ecosystem, not limiting itself to centralized platforms. In this context, HashKey Chain, built on Ethereum, draws attention as a Layer-2 solution.

HashKey Chain is developed with targets of scalability, low transaction costs, and high transaction efficiency. It also provides an infrastructure that allows regulatory-compliant applications to run on-chain. The native platform token of this chain is HSK.

What is HashKey (HSK) Token?

HSK is the platform token of the HashKey ecosystem and is built on the ERC-20 standard. The primary purpose of HSK is to bring all stakeholders within the HashKey ecosystem together under a common incentive mechanism and support the sustainable growth of the ecosystem.

HSK is designed not only for use within the HashKey platform but also to support integration with external ecosystems. In this aspect, HSK serves as a bridge enabling value circulation between internal and external stakeholders.

Use Cases and Benefits of HSK

HSK plays a multifaceted role within the HashKey ecosystem. The main use cases of the token can be summarized as follows:

Payment of Platform Service Fees

HSK can be used to pay fees for various services offered on the HashKey platform. This mechanism aims to create continuous demand for the token.

Access to Exclusive Token Pre-Sales

HSK holders can gain participation rights in exclusive token pre-sales offered within the HashKey ecosystem.

HashKey Chain Governance

HSK plays an active role in decisions and governance processes on HashKey Chain. Token holders can participate in decision-making mechanisms regarding the chain’s future.

Access to Value-Added Products and Services

Various additional products and services offered by HashKey can be provided to HSK holders with exclusive advantages.

Cross-Platform Ecosystem Collaboration

HSK offers a structure that supports integration and collaboration between the HashKey ecosystem and other Web3 projects.

HashKey (HSK) Ecosystem and Partnerships

HashKey interacts with many different protocols and infrastructure projects within the broad Web3 ecosystem. Some notable projects in the ecosystem include:

• dYdX (Perpetuals DEX)
• Pendle (Tokenized yield DeFi protocol)
• Alchemy (Web3 infrastructure solutions)
• Sahara (Autonomous information agent)
• Myshell (AI agent)
• AltLayer (Decentralized Rollup RaaS protocol)
• Particle Network (Modular Layer-1)
• Polyhedra (Web3 infrastructure solutions)
• Avail and Celestia (Modular data availability layers)
• B2 Network (Bitcoin Layer-2)
• Berachain (EVM-compatible Layer-1)
• Starknet and Optimism (Layer-2 scaling solutions)
• Polkadot (Blockchain ecosystem)

This broad network demonstrates that HashKey is not just a centralized platform but also an active player in the multi-chain Web3 world.

HashKey (HSK) Tokenomics

The total supply of the HSK token is capped at 1,000,000,000 tokens.

Supply Distribution

• Ecosystem Growth: 650 million HSK (65%) Released amount: 245 million HSK
• Team: 300 million HSK (30%) Released amount: 83.31 million HSK
• Reserve: 50 million HSK (5%) Not yet released

The absence of more than 5% concentration on a wallet basis indicates a balanced distribution target.

Vesting:

HSK Buyback and Burn Mechanism

HashKey Group has also defined a deflationary mechanism for HSK. Accordingly, 20% of the group’s total quarterly profits will be used for HSK buybacks. Burning the repurchased tokens aims to reduce supply in the long term and support the token economy.

HashKey (HSK) Team

The management team of HashKey Group consists of experienced names in finance, technology, and regulation:

• Xiao Feng – CEO and Chairman
• Eric Zhu – CFO
• Devin Zhang – CTO
• Rain Long – CAO & CHRO

This team structure demonstrates that HashKey has a strong foundation in both technical infrastructure and corporate governance.

Official Links

• Website
• X (Twitter)

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What is Trusta.AI? What Does It Offer?

Artificial intelligence is evolving through two main trends:

Scaling Laws: Larger AI models offer higher intelligence. For example, OpenAI’s o1 model, launched in September 2024, demonstrates PhD-level intelligence, achieving an 83% success rate in the International Math Olympiad qualifiers.

Domain-Specific AI Agents: Autonomous AI agents are designed to solve specific tasks. Systems like ElizaOS integrate AI with Web3 applications, enabling developers to create AI agents easily.

AI Identity Awakening

Unlike human intelligence, AI systems lack identity recognition. Currently, AI identities are artificially assigned by humans (e.g., prompting an AI as an “expert writer”). Trusta.AI believes in the AI Identity Awakening, where every intelligent entity (human or AI) develops an identity through self-recognition and community validation. This makes Web3 transactions more efficient and secure.

Trusta.AI’s Efforts

Trusta.AI, the largest Identity and On-Chain Reputation Protocol, offers three main products:

• Trustgo: Evaluates on-chain value with the MEDIA score.
• Trustscan: Uses AI and knowledge graphs to prevent Sybil attacks.
• Trusta Agent: Generates verification credentials for humans and AI agents.

Trusta.AI provides Sybil resistance and airdrop consulting for projects like Celestia, Starknet, and Arbitrum. It collaborates with Binance, Galxe, and Gitcoin Passport, and is the leading Proof-of-Humanity (POH) provider on Linea. It has issued over 2.5 million on-chain verifications for 1.5 million users, ranking first on Linea and BSC, third on Scroll, and second on TON Chain. It has a total of 3 million users: 1.8 million wallet addresses, 700,000 web accounts, and 500,000 Telegram users. Monthly active users range from 300,000 to 500,000, with over 700,000 Twitter followers. The team consists of Fintech and Web3 experts; its co-founders held significant roles at Alipay and won championships at Gitcoin and TON hackathons.

The Role of AI Agents in the Crypto World

AI agents will dominate the crypto space for four reasons:

• Evolving Infrastructure: AI agent frameworks and crypto tools reduce creation barriers. At least five on-chain AI agents per user are expected.
• Alignment with Crypto: AI agents’ simple, reliable, and secure structures are ideal for crypto’s trustless environments.
• Transforming Human Interaction: AI agents shift from the cumbersome “Connect Wallet” method to intent-driven interactions, e.g., “I want over 4% APY on my USDC assets.”
• Value Capture: AI-driven applications attract attention and gain value through tokenization.

Challenges and Solutions

Challenge 1: Distinguishing Humans, Sybils, and AI Agents

Sybil accounts manipulate airdrops with fake identities. Trusta.AI’s Proof-of-Humanity (POH) separates humans from Sybils, but in the AI era, AI agents also deserve rewards. The solution is to detect Sybils while assigning legitimate identities to humans and AI agents.

Challenge 2: Lack of Verifiable Identity Layer

Trusta.AI’s Trusta Attestation Service (TAS) offers an open and verifiable identity layer, supporting document, biometric, and AI-based verifications. Users can verify once and use their identity across platforms.

Challenge 3: Reputation and Credit Evaluation

The MEDIA Score assesses on-chain engagement across five dimensions (Monetary, Engagement, Diversity, Identity, Age), helping users understand their accounts and enabling projects to target contributors.

Challenge 4: Decentralization

Decentralized identity enhances trust and transparency. Trusta.AI uses the $TA token to incentivize participation and eliminate single points of failure.

From Proof-of-Humanity to Proof-of-Intelligence

Sybil attacks threaten Web3 airdrop integrity. Trusta’s two-stage AI-ML framework:

• Stage 1: Analyzes Asset Transfer Graphs (ATGs) using Louvain and K-Core algorithms to identify Sybil clusters.
• Stage 2: Uses K-means to examine behavioral similarities, filtering false positives.

The Test-of-Humanity (TOH) verifies identities in the TON ecosystem with personalized questions. For example, Catizen players easily answer $CATI airdrop questions, while bots struggle. The system is simple, secure, and privacy-preserving.

Trusta Attestation Service (TAS)

TAS operates as a public attestation registry on the blockchain, enabling issuers to provide Media Reputation or POH attestations for Solana accounts. Applications include:

• Sybil Resistance: Combines methods to prevent fraud.
• Reputation Scores: Supports undercollateralized lending markets.
• User Profiles: Enhances dApp discovery through recommendation engines.

MEDIA Score

The MEDIA Score (0–100) measures on-chain user value across five dimensions:

• Monetary (25 points): Account balance, interaction volume.
• Engagement (30 points): Active days/weeks/months, interaction duration.
• Diversity (15 points): Variety of contracts/protocols.
• Identity (10 points): NFT ownership, major airdrops, ENS.
• Age (20 points): Time since first bridge/interaction.

The score is calculated using a normalized sigmoid function, with weighted sub-scores scaled to 0–100.

Use Cases

• AI Agent Fair Launch: Proof-of-Humanity prevents bot and Sybil manipulation, ensuring fair participation.
• AI Agent Airdrop: AI agents earn airdrops based on data-driven contributions.
• AI Agent Payments: AI agents access payment services based on credit evaluations.
• Crypto + AI Lending: Reputation scores enable undercollateralized lending markets.
• Crypto + AI Social Connections: AI agents engage in social protocols, fostering human-AI networks.

Roadmap

• 2025 Q1: Integrate AI agents with systems like ElizaOS, issue initial AI identities.
• 2025 Q2–Q3: Launch smart identity service, issue 1 million AI agent identities, develop credit-backed lending.
• 2025 Q4: Launch Crypto+AI reputation mainnet, establish open identity network, expand token use.

Trusta.AI (TA) Tokenomics

The $TA token powers the identity network:

• Distribution:
  • Community: 25%
  • Foundation: 20%
  • Team: 18%
  • Marketing: 13%
  • Seed Investment: 9%
  • Liquidity: 5%
  • Strategic Investment: 4%
  • Airdrop: 3%
  • Advisors: 3%

Trusta.AI (TA) Investors

Trusta.AI is backed by leading investors, including SevenX Ventures, Vision Capital, Redpoint, SNZ, Hashkey Capital, Consensys, Solana, Starknet, GSR, Uxlink, and goplus.

Trusta.AI (TA) Team

The Trusta.AI team consists of experienced leaders:

• Peet Chen, Co-Founder and CEO
• Simon, Co-Founder and CTO

Official Links

• Website
• X (Twitter)
• Whitepaper

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According to Capriole Investments founder Charles Edwards, long-term holders—known in crypto circles as “OGs”—have been systematically selling their BTC holdings to institutions. “They’re dumping on Wall Street,” Edwards said, explaining the persistent selling pressure.

New Cohorts Absorb the Sell-Off

Edwards highlighted that the six-month BTC holder group has absorbed nearly all of the supply sold by long-term holders over the last 18 months. This new cohort includes recent corporate entrants like Cardone Capital, ProCap (which is going public), Panther Metals, and Green Minerals.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

He believes these firms will spark a “massive Bitcoin treasury flywheel,” eventually overtaking the ETF narrative as more companies jump in to accumulate BTC.

Short-Term Caution Ahead of Economic Triggers

Meanwhile, BTSE’s Jeff Mei noted that traders are locking in profits ahead of the July 9 tariff deadline, fearing unresolved trade tensions. He added that more public companies are starting to accumulate Bitcoin, though their impact may take time to materialize.

Han Xu from HashKey Capital pointed out that macroeconomic risks—such as tariff negotiations and budget legislation in the U.S.—are making investors cautious. Any unexpected developments “could trigger a sell-off,” he warned.

Despite these concerns, Bitcoin remains in a tight trading range between $102,000 and $110,000. On Monday, BTC briefly touched $108,750—its highest in two weeks—but failed to break resistance.

Notably, U.S. spot Bitcoin ETFs have seen over $3.2 billion in inflows in the past two weeks, with zero outflow days, and more Bitcoin treasury firms are appearing each week.

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OKX Ventures, HashKey Capital, Bankless Ventures, Primitive Ventures, SevenX, Mask Network, IOSG, and TRGC participated in the round in 2023.

According to the announcement, the new capital will be used to expand the AltLayer team and further develop the fundraising infrastructure. However, the team did not announce what valuation was reached.

This rise came after AltLayer launched its token last month and rewarded those who staked on Celestia and EigenLayer, the owners of AltLayer’s NFTs, and those who participated in community campaigns.

The first airdrop constituted approximately 300 million ALT token ($141 million) or 3% of the total supply, and 83% of the tokens were claimed.

What is AltLayer?

AltLayer is a fully open and decentralized protocol developed for many Roll-ups. AltLayer offers innovations such as high security, interoperability, and decentralization.

The project has developed this opportunities through a system called Restaked Roll-up. Thanks to Restaked, Roll-ups can be produced in the fastest and safest way by using Roll-up stacks such as OP Stack, Arbitrum Orbit, ZKStack, Polygon CDK. In addition, the EigenLayer restaking mechanism is used in this system to create a decentralized network.

What Does It Do?

The Restaked Roll-ups in the project use the system of Actively Verified Services (AVS). They are divided into 3: VITAL (AVS for Decentralized Verification), MACH (AVS for Fast Results), SQUAD (AVS for Decentralized Ranking).

It is exactly such a protocol that offers many opportunities to its users. There is an opportunity for non-developers and users who do not know how to code to produce customized Roll-ups in a very short time like 2 minutes.

The post AltLayer Raised $14.4 Million in Investment Round! appeared first on Coin Engineer.