HashKey Prepares for Hong Kong IPO with 240.57 Million Shares at HK$6.95 Max Price
HashKey Holdings Limited, a leading Asian cryptocurrency firm, is advancing toward a global initial public offering on the Hong Kong Stock Exchange under the ticker 3887. The company plans to offer 240,570,000 shares, capped at HK$6.95 per share, with 10% reserved for local retail investors and the remainder allocated internationally.
The IPO timeline reveals a tight schedule: subscriptions open December 9, 2025, close December 12, with final pricing determined by December 15. Trading is slated to commence December 17, contingent on successful pricing. A failure to agree on terms by the noon deadline WOULD scuttle the listing.
HashKey enters the public markets with formidable credentials—HK$638.4 billion in cumulative trading volume, HK$29 billion in staked assets, and nearly HK$20 billion in client custody funds. These metrics position it as one of the largest regulated digital asset platforms in the region.