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HashKey Group Said to File Confidentially for Hong Kong IPO Seeking Up to $500 Million

The potential listing would test investor appetite for Asia-focused crypto businesses under Hong Kong’s new virtual‑asset rules.

Overview

  • Bloomberg reports that HashKey’s Hong Kong Stock Exchange debut could occur this year, with valuation and timing still being discussed.
  • A company representative declined to comment, saying there was no listing-related information to disclose.
  • HashKey’s HSK token gained about 13% following publication of the IPO report.
  • Hong Kong’s clearer crypto framework has drawn interest from digital‑asset firms and could make this deal a barometer for regional demand.
  • HashKey’s 2025 expansion includes regulatory nods in Dubai, Bermuda and Ireland plus launches such as the HashKey 20 Index Fund and HashKey Chain, while earlier liquidity and buyback disputes continue to temper sentiment.