HashKey Opens IPO Subscriptions in Hong Kong

[cryptoenthusiast]

HashKey Group has officially opened subscriptions for its Hong Kong IPO, aiming to raise up to HK$1.67B (~$214.7M). Shares are priced at HK$0.76–$0.89, valuing the crypto exchange operator at up to $2.46B. The IPO is set to debut on Dec. 17, with applications open through the HK eIPO White Form and HKEX’s FINI platform until Friday.

[Abdul Khan]

HashKey going IPO is a major milestone for Asian crypto markets.

[Nahid Hossen]

This could trigger more regulated crypto IPOs in the region.