JPMorgan to shepherd HashKey listing as crypto firm eyes $215m raise

On Tuesday, HashKey’s parent company announced it would seek a public listing on the Hong Kong stock exchange. HashKey Holdings Ltd., which operates the largest cryptocurrency exchange in the region, hopes to raise as much as $215 million from the listing, potentially vaulting its valuation to more than $2 billion, according to a filing. JP Morgan and the Chinese securities firm Guotai Junan are joint sponsors of the listing. At just $96 million in trading volume over the last day, HashKey Exchange is f ...