HashKey Clears HKEX Listing Hurdle, Nears IPO Launch
HashKey Holdings Limited has passed its Hong Kong Stock Exchange listing hearing, positioning the crypto exchange operator for a final push toward its initial public offering. The milestone triggers the start of investor marketing and book-building processes.
Proceeds will target technology upgrades, security enhancements, and overseas expansion—a strategic allocation reflecting the firm's growth priorities despite persistent losses. Heavy compliance investments continue as HashKey builds scale in Asia's regulated digital asset markets.