CMG 与 ChinaJoy 国际版同期亮相阿布扎比 BRIDGE 峰会 2025 BRIDGE 峰会在阿布扎比国家展览中心开幕，全球媒体与科技机构齐聚探讨数字内容、技术融合与未来产业趋势。中国元素集中亮相：中央广播电视 总台（CMG）作为重点展示单位，全面呈现 8K 超高清制作播出、AI 辅助编辑、智能内容生产与多语种数字传播等创新成果，展示中国在国际传播技术领 域的领先实力。同期，ChinaJoy 国际版——首届"国际中国游戏节"正式登场，这是亚洲最大游戏与数字娱乐展会首次以国际版形式出海阿联酋。以"与 AI 同 游"为主题，本届展区集结腾讯游戏、游戏科学、505 Games、悲鸿美术馆、模言文化等20余家行业代表企业，覆盖研发、发行、IP运营与科技应用全链条。 （阿通社） 阿布扎比启动 FIDA 计划，推动 GDP 增长、吸引投资与创造高技能就业岗位 阿布扎比宣布启动全新金融集群——金融科技、保险、数字与另类资产（FIDA）集群，以加强其在金融科技、保险、数字资产和另类投资等领域的全球竞 争力。该计划在2025年阿布扎比金融周期间发布，并获阿布扎比王储、行政委员会主席 Sheikh Khaled bin ...

天行精英汇在全球市场布局中始终坚持稳健、合作与长期价值导向，而这种战略并不是单纯依赖预测或 行业趋势判断，而是通过跨区域资源协同与多维度专业研究，将每一个机会都建立在真实调研、数据验 证和可落地执行的基础之上。团队汇聚了多名具有国际背景的专业成员，覆盖传统金融、数字资产、量 化分析、科技、企业增长策略与产业布局等相关领域，让跨行业经验转化为多元视角，使判断不再局限 于单一体系，从而增强对项目可行性的综合评估能力。 在天行精英汇看来，价值并非来自"先看到机会"，而是来自"先验证机会是否值得长期投入"。因此团队 并不追求短期刺激式增长，而是通过深度研究建立起一套系统化决策逻辑。前端市场调研团队负责连接 全球资源，从北美到欧洲以及东南亚地区，与大量合作伙伴保持信息互通与项目接触；专业考察团队则 深入企业、机构与产业场景，通过实地调研、对比分析、可行性验证与行业竞争结构判断，对项目进行 多轮验证；数据分析团队则以量化模型、财务测评与趋势推演为基础，对价值周期、潜在风险与回报结 构进行独立分析；最终由决策委员会在充分讨论基础上形成最稳健、可执行的结论，为后续推进提供权 威支持。这样的流程不依赖某一个人的判断，也并非用一 ...

Core Viewpoint - HashKey Holdings is launching an IPO for its virtual asset exchange, aiming to raise up to HKD 1.67 billion with a share price range of HKD 5.95 to HKD 6.95, reflecting strong investor interest with a subscription rate of 301.6 times [1] Group 1: Company Overview - HashKey is a comprehensive digital asset company providing a licensed platform for trading facilitation, on-chain services, and asset management [2] - The company has launched HashKey Chain, a scalable Layer 2 infrastructure supporting on-chain migration, and is recognized as the largest regional onshore platform in Asia with a market share exceeding 75% [2] - HashKey is also the largest on-chain service provider in Asia and the largest digital asset management institution by assets under management [2] Group 2: Product and Service Offerings - The company's platform supports trading of 80 types of digital asset tokens, including major Layer-1 assets, DeFi tokens, stablecoins, and emerging ecosystem projects [2] - The Hong Kong platform facilitates trading of various cryptocurrencies such as USDT, BTC, ETH, and others, while the Bermuda platform supports a total of 72 categories of digital assets [3] Group 3: IPO Details - HashKey plans to issue 240 million shares with a public offering accounting for 10% of the total, and has the option to increase the offering by 30% and an additional 15% post-listing [1] - The company has secured cornerstone investors, raising approximately HKD 590 million from nine investors, including UBS and Fidelity [1]

Group 1 - HashKey Holdings plans to issue 240 million shares with an offering price between HKD 5.95 and HKD 6.95, aiming to raise up to HKD 1.67 billion [1] - The company has received margin financing of HKD 50.6 billion from brokers, with the public offering being oversubscribed by 301.6 times [1] - The expected listing date for HashKey is December 17, with a minimum entry fee of HKD 2,808 for 400 shares [1] Group 2 - HashKey is a comprehensive digital asset company providing a licensed platform for trading facilitation, on-chain services, and asset management [2] - The company has launched HashKey Chain, a scalable Layer 2 infrastructure to support on-chain migration, and is recognized as the largest regional onshore platform in Asia with a market share exceeding 75% [2] - HashKey's platform supports 80 types of digital asset tokens, including major Layer-1 assets, DeFi tokens, stablecoins, and emerging ecosystem projects [2] Group 3 - The Hong Kong platform supports trading of various digital assets including USDT, BTC, ETH, USDC, SOL, LINK, AVAX, DOGE, UNI, and XRP, while the Bermuda platform covers 72 categories of digital assets [3]

The crypto sector has been freed from its annual reference in the Financial Stability Oversight Council's litany of financial risks posed to the U.S. system, though it's not unique in that, because the report has effectively removed much of its focus on "vulnerabilities" to the financial system. The FSOC, established after the 2008 mortgage meltdown that crashed the global economy, was meant to be an early-warning effort in which the council of regulatory chiefs tries to collectively spot dangers coming ...

据了解，此次数码港推出的"区块链与数字资产试点资助计划"旨在资助有潜力成为行业标竿的区块链及 Web3.0项目，提供最高50万港元(最高可获80%资助)的资金，支持企业在真实环境中测试RWA代币化、 稳定币等创新方案，促进技术应用落地并吸引大型机构赞助。 香港数码港区块链及数字资产总监李懿政表示，首期"区块链与数字资产试点资助计划"申请热度超出预 期，已收到超200份申请，覆盖RWA代币化、稳定币与支付解决方案、Web3.0安全与风险管理等多个领 域。现时有9间企业入围，分别为5家RWA领域、1家支付领域、2家安全领域及1家智慧生活领域企业。 她表示，目前已基本完成试点任务，进入最终阶段验收，近半数试点产品与服务已成功落地或即将推 出，首期涉及资产规模超1.2亿港元。 关于第二期计划，她表示因第一期试点成效良好，希望能继续推出第二期计划，为市场提供更多支持。 目前相关规划仍在推进中，暂无明确落地时间。 未来，数码港将继续配合国家与特区政府发展战略，联同业界与监管机构，通过多项计划与支援项目为 区块链及数字资产企业提供全面支持，持续举办交流活动、推动产业发展、培育专业人才、提升公众对 区块链与数字资产的认知，加 ...

Core Viewpoint - HashKey Holdings is planning a global offering of approximately 241 million shares, with a price range of HKD 5.95 to 6.95 per share, aiming to raise around HKD 14.264 billion if the midpoint price is applied [2][13]. Group 1: Offering Details - The company intends to offer about 24.057 million shares in Hong Kong and approximately 217 million shares internationally, with the offering period set from December 9 to December 12, 2025, and the expected pricing date on December 15, 2025 [2]. - The shares will be traded in lots of 400 shares, with J.P. Morgan and Guotai Junan International acting as joint sponsors [2]. - A cornerstone investment agreement has been established, with cornerstone investors agreeing to subscribe for shares totaling USD 75 million (approximately HKD 584 million) under certain conditions [2]. Group 2: Company Overview - HashKey provides a licensed digital asset platform offering trading facilitation, on-chain services, and asset management, and has launched HashKey Chain, a scalable Layer 2 infrastructure [4]. - The company is recognized as the largest regional onshore platform in Asia by trading volume as of 2024, and it is also the largest on-chain service provider and digital asset management institution in Asia by staked assets [4][5]. - As of September 30, 2025, HashKey's platform supports 80 types of digital asset tokens, including major Layer-1 assets and DeFi tokens [5]. Group 3: Financial Performance - HashKey's revenue sources include trading facilitation, on-chain services, and asset management, with significant growth in trading volumes from HKD 4.2 billion in 2022 to HKD 328 billion in 2023 [11][13]. - The company recorded revenues of HKD 129 million, HKD 208 million, and HKD 721 million for the years 2022, 2023, and 2024, respectively, indicating rapid expansion in trading facilitation services [11]. - As of August 31, 2025, HashKey held HKD 1.657 billion in cash and cash equivalents, along with HKD 592 million in digital assets, with 84% of the digital assets being mainstream tokens [12]. Group 4: Use of Proceeds - The company plans to allocate approximately 40% of the global offering proceeds for technology and infrastructure upgrades, another 40% for market expansion and ecosystem partnerships, and the remaining 20% for operational and risk management as well as general corporate purposes [14].

Core Viewpoint - HASHKEY HLDGS plans to conduct an initial public offering (IPO) from December 9 to December 12, 2025, aiming to issue 241 million shares at a price range of HKD 5.95 to 6.95 per share, with 10% allocated for public offering in Hong Kong and 90% for international investors [1][2] Group 1: Company Overview - The company operates a licensed digital asset platform offering trading facilitation, on-chain services, and asset management [1] - HASHKEY HLDGS is recognized as the largest regional onshore platform in Asia by trading volume for 2024, and also leads in on-chain services and digital asset management by assets under management [1] Group 2: Investment Agreements - The company has entered cornerstone investment agreements with several firms, including UBS AM Singapore and Fidelity, totaling USD 75 million in shares [2] - Assuming a median offer price of HKD 6.45, cornerstone investors are expected to acquire approximately 90.54 million shares [2] Group 3: Use of Proceeds - Approximately 40% of the net proceeds from the IPO will be allocated to upgrading technology and infrastructure over the next three to five years, with specific allocations for product development, cloud services, talent acquisition, and IT security [3] - Another 40% will be used to expand the operational team, enhance brand awareness, and establish ecosystem partnerships [3] - About 10% will be directed towards improving operational and risk management, including legal and compliance team expansion [3] - The remaining 10% will be reserved for working capital and general corporate purposes [3] Group 4: Performance Metrics - The company's trading volume surged from HKD 4.2 billion in 2022 to HKD 328 billion in 2023, and is projected to reach HKD 638.4 billion in 2024, driven by the launch of its digital asset trading platforms [4] - Registered customers increased dramatically from 18 in 2022 to 158,600 by the end of 2023, and further to 1.3372 million by the end of 2024, reflecting the rapid expansion of the trading platform [4] - The number of asset-holding clients rose from zero in 2022 to 37,530 by the end of 2023, and to 120,700 by the end of 2024, indicating strong growth in client engagement [4]

与此同时，市场结构的变化也为数字资产回升提供了重要动力。比特币虽仍低于早前高点，但已显著脱 离近期低位，而此轮回升背后伴随的是机构端政策框架的深度调整。Vanguard近期放松对加密ETF的限 制，使市场不再面临完全的被动排他性；同时，美国主要金融机构开始允许财富管理顾问为客户配置最 高约4%的数字资产敞口，意味着此前被限制的大规模长期资金重新获得了布局渠道。GTC泽汇资本表 示，机构端政策从抵触到开放的转向，远比短期交易流更具结构性意义，因其代表的是未来数年持续性 的资金增量，而非阶段性的情绪推动。随着更多传统机构将数字资产纳入资产组合模型，市场深度、成 交稳定性和资金来源结构都将发生质的改善。这也解释了为什么近期价格虽波动不强，但市场底部却不 断提高。 总体而言，GTC泽汇资本表示，当前市场正处于从震荡走向恢复的关键节点。流动性改善、宏观预期修 复以及机构增配的合力正在推动市场从11月的疲弱状态中脱离。若政策方向进一步确认、资金持续回 流、机构配置规模继续扩大，数字资产市场有望迈向更具持续性的回升通道。市场已展现出多个具有结 构性意义的积极信号，在多重因素共振的背景下，风险资产中长期的吸引力正在重新建立。 ...

Core Viewpoint - HashKey Group is set to launch its IPO, aiming to raise approximately $200 million, with a focus on expanding its digital asset services and infrastructure in Asia [2][3]. Group 1: Company Overview - HashKey provides a licensed digital asset platform offering trading facilitation, on-chain services, and asset management [3]. - The company has established itself as a leading integrated digital asset company in Asia, with a comprehensive ecosystem catering to retail investors, institutional clients, and other stakeholders in the blockchain value chain [3][4]. - As of September 30, 2025, HashKey's platform supports 80 types of digital asset tokens, including major Layer-1 assets and DeFi tokens [4]. Group 2: Financial Performance - HashKey's revenue sources include trading facilitation, on-chain services, and asset management, with significant growth in trading volumes from HKD 4.2 billion in 2022 to HKD 328 billion in 2023 [11][13]. - The company recorded revenues of HKD 129 million, HKD 208 million, and HKD 721 million for the years 2022, 2023, and 2024, respectively, indicating rapid expansion in trading facilitation services [11]. - As of August 31, 2025, HashKey held HKD 1.657 billion in cash and cash equivalents, along with HKD 592 million in digital assets, with 84% of the digital assets being mainstream tokens [12]. Group 3: Market Position and Services - HashKey is recognized as the largest onshore platform in Asia by trading volume and the largest on-chain service provider by staked assets [3][4]. - The company offers OTC services designed for large-scale or customized digital asset transactions, ensuring compliance and reduced market impact [8]. - HashKey's blockchain investment fund has achieved a return rate exceeding 10 times, significantly outperforming the industry average [10]. Group 4: Future Plans and Use of IPO Proceeds - The proceeds from the IPO will be allocated towards technology and infrastructure upgrades, market expansion, ecosystem partnerships, and general corporate purposes [13].