HashKey Files for IPO to Raise Up to $500 Million

Hong Kong-based cryptocurrency exchange operator HashKey Group has announced plans to list on the local stock market through an initial public offering (IPO). According to sources familiar with the matter, the company aims to raise up to $500 million via this listing, which is expected to take place later this year. This move could mark a significant milestone for regulated Asian exchanges, as it could attract investor confidence and support for compliant crypto infrastructure.