Core Insights - HashKey Holdings Limited (HASHKEY HLDGS) has successfully listed on the Hong Kong Stock Exchange, raising approximately HKD 1.607 billion through the issuance of 241 million new shares, marking it as the "first cryptocurrency stock in Hong Kong" [1][4] Group 1: Company Overview - HASHKEY HLDGS is a comprehensive digital asset company with a solid foundation in Asia, offering a range of services including digital asset trading facilitation, on-chain services, and asset management [5] - As of September 30, 2025, HASHKEY HLDGS supports 80 types of digital asset tokens across various categories, including major Layer-1 assets, decentralized finance (DeFi) tokens, stablecoins, and emerging ecosystem projects [5] - According to Frost & Sullivan, HASHKEY HLDGS is the largest regional onshore platform in Asia by trading volume projected for 2024, and it is also the largest on-chain service provider and digital asset management institution in Asia by staked assets and assets under management, respectively [5] Group 2: Market Position and Financials - During the IPO, HASHKEY HLDGS received significant investor interest, with the public offering portion being oversubscribed by 393.71 times, and the final offer price set at HKD 6.68 per share [4] - The funds raised from the IPO will be allocated as follows: approximately 40% for technology and infrastructure upgrades, 40% for market expansion and ecosystem partnerships, 10% for operations and risk management, and 10% for working capital and general corporate purposes [4] Group 3: Financial Services Context - Adept Financial, a seasoned financial services institution in the Hong Kong and US markets, played a crucial role in facilitating HASHKEY HLDGS's listing, emphasizing the integration of traditional and digital finance [3] - The company aims to provide a standardized path for global digital financial enterprises to capitalize, leveraging its extensive experience in underwriting and listing coordination [3]
艾德金融：HASHKEY HLDGS成功上市，公开发售获393.71倍认购