HashKey Holdings is preparing to open investor orders for its planned Hong Kong initial public offering as early as next week. The offering is one of the most closely watched digital-asset listings in the city this year as Hong Kong continues to position itself as a regulated hub for cryptocurrency activity.
The company is targeting a minimum raise of $200 million, placing the deal among the larger crypto-related offerings in the market. Sources noted that the size of the share sale and the precise listing timetable may still shift, with final decisions likely influenced by market sentiment, institutional demand, and broader equity conditions.
The planned listing comes as Hong Kong seeks to attract digital-asset firms while balancing regulatory scrutiny. A successful offering could serve as a benchmark for future cryptocurrency exchange listings in the region and signal investor appetite for regulated exposure to the digital-asset sector.
