Core Viewpoint - HashKey Holdings Limited is preparing for a listing on the Hong Kong Stock Exchange, with Morgan Stanley, Cathay Securities, and Guotai Junan International as joint sponsors [1] Company Overview - HashKey is a comprehensive digital asset company that offers a licensed digital asset platform providing trading facilitation services, on-chain services, and asset management services [3] - The company has launched HashKey Chain, a scalable and interoperable Layer 2 infrastructure to support on-chain migration [3] - According to Frost & Sullivan, HashKey is the largest regional onshore platform in Asia by trading volume as of 2024, holding over 75% market share in Hong Kong [3] Business Segments - The company's revenue primarily comes from trading facilitation services, on-chain services, and asset management services, with trading facilitation being the core business driven mainly by institutional clients [4] - The Hong Kong platform supports trading of various digital assets including USDT, BTC, ETH, and others, while the Bermuda platform covers 72 categories of digital assets [4] Financial Performance - For the fiscal years 2022, 2023, and 2024, the company reported revenues of HKD 1.29 billion, HKD 2.08 billion, and HKD 7.21 billion respectively, with a loss of HKD 5.85 billion, HKD 5.8 billion, and HKD 11.9 billion for the same periods [8][10] - The revenue from the top five clients for the periods mentioned was HKD 103 million, HKD 117 million, and HKD 134 million, representing 79.6%, 56.0%, and 18.5% of total revenue respectively [8] Client Base - The client base consists of institutional clients (banks, asset management firms, family offices, hedge funds, and Web3 developers), omnibus clients (licensed securities firms), ecosystem partners, and retail users [4][8]
新股消息 | HashKey通过港交所聆讯 为亚洲最大的区域性数字资产在岸平台
智通财经网·2025-12-01 00:32