Largest Asian Staking Provider HashQuark Partners with Injective as a Genesis Validator

Largest Asian Staking Provider HashQuark Partners with Injective as a Genesis Validator

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 Injective's presence continues to expand 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

Injective is a custom interoperable layer one protocol for building powerful exchange, DeFi, derivatives & Web3 applications. Injective was created using the Cosmos SDK and is able to achieve instant transaction finality while sustaining lightning fast speeds. INJ is the native deflationary scarce asset that powers the Injective Protocol and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by Pantera Capital.

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