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Hong Kong’s HashKey Launches $215M IPO Amid Crypto Hub Push

Hong Kong’s HashKey Launches $215M IPO Amid Crypto Hub Push

Author:

Global Cryptocurrency

Published:

2025-12-09 07:05:02

20

3

BTCCSquare news:

Hong Kong solidifies its crypto ambitions as HashKey, a pioneer in regulated digital assets, kicks off its IPO with a target raise of up to $215 million. Backed by UBS and Fidelity, the firm priced 240 million shares at HK$5.95-6.95, eyeing a potential HK$19 billion valuation. Trading begins December 17.

The listing marks a milestone for Hong Kong's licensed crypto framework, launched in 2022 to attract institutional capital. The MOVE comes as global investor interest rebounds, with the city's IPO market nearing four-year revenue highs.

By:

HashKey Targets $215M in Hong Kong IPO Bid to Become First Listed Crypto Exchange

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