[Crypto World] HashKey Holdings is about to launch its Hong Kong IPO process. The cryptocurrency exchange operator is expected to open its subscription channel as early as next week, with plans to raise no less than $200 million.
According to the current pace of progress, HashKey is likely to complete its listing within December. However, several people close to the deal have cautioned that the fundraising amount and listing schedule still have room for adjustment, and the final plan may be optimized based on market feedback.
This IPO carries significant meaning for the Hong Kong crypto market—as a licensed and compliant platform, HashKey’s capitalization process may set a new benchmark for other similar institutions.
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SchrodingerWallet
· 12-05 10:27
Hong Kong is about to shake things up again, compliant exchanges going public... sounds good, let's see if they can really pull it off.
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$200 million, that's quite an imaginative fundraising scale, haha.
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Listing in December? The market is so weak and they still dare to go public now, that's some real courage.
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Licensed compliance really is popular in Hong Kong and Macau, but it only counts if they can actually set a benchmark.
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Optimizing based on market feedback again... I'll believe it when I see it, there will still be cutbacks in the end.
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All the crypto exchanges are heading to list in Hong Kong, this shift in direction is happening pretty fast.
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Is there still room to adjust the fundraising amount? I'm betting it'll end up at only $150 million.
HashKey plans to launch its Hong Kong IPO subscription next week, aiming to raise $200 million.
[Crypto World] HashKey Holdings is about to launch its Hong Kong IPO process. The cryptocurrency exchange operator is expected to open its subscription channel as early as next week, with plans to raise no less than $200 million.
According to the current pace of progress, HashKey is likely to complete its listing within December. However, several people close to the deal have cautioned that the fundraising amount and listing schedule still have room for adjustment, and the final plan may be optimized based on market feedback.
This IPO carries significant meaning for the Hong Kong crypto market—as a licensed and compliant platform, HashKey’s capitalization process may set a new benchmark for other similar institutions.