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Fintech

Bloomberg: HashKey Holdings Secures $206 Million in Hong Kong IPO

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Bloomberg
fintech related image for: Bloomberg: HashKey Holdings Secures $206 Million in Hong Kong IPO

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TL;DR

HashKey Holdings Ltd., Hong Kong's biggest licensed crypto exchange operator, secured HK$1.6 billion in its Hong Kong IPO, pricing shares at HK$6.68 near its initial range's high end. The company offered 240.6 million shares but chose not to increase the deal size, marking its progression to a publicly traded entity.

Key takeaways

  • , Hong Kong's largest licensed cryptocurrency exchange operator, has successfully raised HK$1
  • 6 billion (approximately $206 million) in its Hong Kong IPO, according to Bloomberg
  • The company priced its shares at HK$6
HashKey Holdings Ltd., Hong Kong's largest licensed cryptocurrency exchange operator, has successfully raised HK$1.6 billion (approximately $206 million) in its Hong Kong IPO, according to Bloomberg. The company priced its shares at HK$6.68, near the top of its initial range of HK$5.95 to HK$6.95, offering 240.6 million shares. HashKey Holdings opted not to exercise its option to increase the deal size, signaling a key milestone for the cryptocurrency exchange as it transitions to a publicly traded entity.

Related Topics

HashKey HoldingsIPOcryptocurrencyHong Kongfundingexchangepublic offering

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