HashKey Exchange to list its native HSK token in Q3 2024

HashKey Exchange, a Hong Kong-licensed crypto exchange, reported on X that its native HSK token is set for listing in Q3 this year. The total HSK token supply is 1 billion, 65% of which will be allocated for the ecosystem, 30% for the team and the remaining 5% for reserve funds. In addition, "up to 20% of net profits from specified HashKey businesses" will be used for purchasing and permanently burning HSK tokens, according to the X post.