HashKey Group, the operator of Hong Kong’s top licensed crypto exchange, has reportedly filed for an IPO in the city, aiming to raise up to $500 million.
HashKey Group, the owner of Hong Kong’s top licensed crypto exchange, has reportedly filed for an initial public offering (IPO) in the city.
According to a Friday Bloomberg report citing anonymous sources with knowledge of the matter, HashKey Group may be aiming for a listing in Hong Kong this year. The IPO could raise as much as $500 million, according to the sources cited in the report.
HashKey is Hong Kong’s top crypto exchange with a 24-hour volume of nearly $117 million at the time of writing, according to CoinGecko data. The exchange’s popularity has also made it a target for scammers.
