New Stock News: HashKey, a virtual asset trading platform, is planning to list in Hong Kong with a fundraising not exceeding 500 million US dollars.

According to media reports, HashKey, the largest cryptocurrency exchange in Hong Kong, is seeking to IPO in Hong Kong, raising up to 500 million US dollars. Information shows that HashKey was established in 2018, headquartered in Hong Kong, with business covering virtual asset trading, asset management, node validation (HashKey Cloud), and tokenization services. It also has an on-chain ecosystem, including a second-layer public chain based on Ethereum and ecosystem tokens. Currently, HashKey Exchange is the largest licensed virtual asset exchange in Hong Kong. As of December 11, 2024, it ranks 6th in the global trading ranking on CoinGecko, making it the highest-ranking licensed virtual asset exchange in Hong Kong. The 2025 second-quarter report released by HashKey Group shows that the Omnibus comprehensive account service (providing a compliant channel for virtual asset trading for securities firms) has covered 90% of licensed securities firms in Hong Kong, with a cumulative trading volume exceeding 30 billion Hong Kong dollars. The parent company of HashKey Exchange is HashKey Group, which has invested in Round Coin Technology, one of the issuers of stablecoins in Hong Kong, and has also reached a cooperation agreement with JD, another issuer in the stablecoin business.