HashKey launches Hong Kong IPO seeking up to $214.7 million | | StockXpo

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HashKey launches Hong Kong IPO seeking up to $214.7 million

Published: Monday, December 8, 2025 · 11:01 PM  |  Updated: Monday, December 8, 2025 · 11:01 PM

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Dec 9 (Reuters) – HashKey Group, Hong Kong’s largest licensed crypto ​exchange, is aiming to ‌raise up to HK$1.67 billion ($214.66 million) in ‌its initial public offering in the city, according to a prospectus lodged on Tuesday.

The company is ⁠offering 240.6 ‌million shares at a price range of HK$5.95 ‍to HK$6.95 each.

Final pricing is slated for December 16, with shares set ​to debut on the Hong ‌Kong exchange the following day.

HashKey Group, founded in 2018, offers a wide range of services including asset management, brokerage and tokenisation, ⁠and runs the ​city’s largest licensed crypto ​exchange.

The IPO lands as major crypto Bitcoin has shed ‍more than $18,000 ⁠in November, its largest dollar loss since May 2021.

($1 = ⁠7.7799 Hong Kong dollars)

(Reporting by Kumar Tanishk ‌in Bengaluru; Editing by ‌Krishna Chandra Eluri)

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