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HashKey Targets $215 Million IPO in Hong Kong Crypto Market Debut

HashKey Targets $215 Million IPO in Hong Kong Crypto Market Debut

Author:

Global Cryptocurrency

Published:

2025-12-09 08:03:02

17

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BTCCSquare news:

Hong Kong's HashKey Exchange prepares for its December 17 trading debut under the city's updated digital-asset framework. The IPO aims to raise up to $215 million, with 240 million shares offered globally at HK$5.95–HK$6.95 per share. At the upper range, the listing could value HashKey at HK$1.67 billion ($215 million), marking Hong Kong's first public crypto-native exchange.

Proceeds will fuel technology upgrades (40%) and market expansion (40%), testing investor appetite for regulated platforms. The pricing decision on December 16 comes as Hong Kong positions itself as a crypto hub, with HashKey's compliance-focused model serving as a litmus test for institutional crypto adoption in Asia.

By:

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

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