Hong Kong’s Largest Crypto Exchange Heads to Market

[cryptoenthusiast]

Founded in 2018, HashKey has rapidly grown into Hong Kong’s largest crypto exchange, holding ~75% market share. Its prospectus reveals $167B in cumulative spot trading volume as of Sept. 30 and $1B in AUM under its asset management arm. The company offers spot trading, OTC, staking, tokenization, and operates HashKey Chain, an Ethereum L2 for RWAs and stablecoins.

[Abdul Khan]

HK exchanges scaling up is a bullish signal for the region.

[Nahid Hossen]

Regulatory clarity is clearly paying off here.