HashKey Crypto Exchange Plans Hong Kong IPO this Year

Hong Kong’s top licensed crypto exchange, Hashkey Group, has reportedly filed for an initial public offering (IPO) in the city. According to a Friday Bloomberg report citing anonymous sources familiar with the matter, the IPO could raise up to $500 million, potentially leading to a listing on Hong Kong exchanges this year. The exchange’s popularity and high trading volume—nearly $117 million at the time of writing (based on CoinGecko data)—has attracted both interest and scrutiny from scammers.