HashKey's Successful IPO: A Boost for Asian Crypto Market
Update: 2025-12-17
Description
HashKey Holdings, a Hong Kong-based crypto exchange, made a strong debut on the market, with shares climbing by 6.6% on their first day of trading. The company, which offers services like asset management, brokerage, and tokenization, raised $206 million in an initial public offering. The high demand for HashKeys shares, with the institutional investor portion oversubscribed by 5.5 times and the retail tranche nearly 394 times oversubscribed, reflects growing investor confidence in the regulated cryptocurrency sector in Asia.
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