The largest Asian validator HashQuark is partnering with Injective to become a genesis validator.

HashQuark is part of the HashKey group, a digital asset management company that works alongside Wanxiang Holdings, a multibillion dollar financial services conglomerate in China. HashQuark acts as a major validator for projects such as Polkadot, Klaytn, and Kusama. HashQuark is backed by Qiming Venture Partners which is known as an early investor of Xiaomi and TikTok creator ByteDance.

HashQuark has begun developing a diverse array of blockchain infrastructure businesses starting a few years ago, creating value while safeguarding the security of proof-of-stake-backed blockchains by way of node operation. With the help of HashQuark’s extensive industry resources, the validator has rapidly grown to become one of the world’s largest staking service providers.

“HashQuark’s partnership with Injective demonstrates our long-term belief in the Injective team and vision. We are excited to work with this promising project to provide secure infrastructure services as always and pave the way for a more enabling public blockchain ecology,” said Leo Chen, HashQuark CEO.

HashQuark will play a significant role moving forward as we continue to expand Injective’s presence globally.

About Hashquark

HashQuark is part of the HashKey group, a digital asset management company that works alongside Wanxiang Holdings, a multibillion dollar financial services conglomerate in China. HashQuark acts as a major validator for projects such as Polkadot, Klaytn, and Kusama. HashQuark is backed by Qiming Venture Partners which is known as an early investor of Xiaomi and TikTok creator ByteDance.

About Injective Protocol

Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing. Injective Protocol is backed by a prominent group of stakeholders including Pantera Capital, one of the most renowned venture capital firms in the world, and the leading cryptocurrency exchange, Binance.

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