HashKey, a digital asset onshore platform, is listed on the Hong Kong Stock Exchange.

HashKey Holdings (stock code: 3887), a regional digital asset service platform in Asia, officially listed on the Main Board of the Hong Kong Stock Exchange today.

The offering price was HK$6.68 per share, with a total of 240 million shares issued, raising approximately HK$1.6 billion. After deducting listing expenses of HK$128 million, the net proceeds were approximately HK$1.479 billion.

The listing attracted several well-known institutions as cornerstone investors, totaling US$75 million. Among them, UBS AM Singapore subscribed for US$10 million, Fidelity Investments and CDH Investments each subscribed for US$5 million, Xinting Fund subscribed for US$15 million, Infini, Zhiyuan Capital, and Litong Capital each subscribed for US$10 million, and Space Z PTE. LTD. and Shining Light Grace each subscribed for US$5 million.

On its first day of trading, HashKey opened at HK$6.70, giving the company a market capitalization of approximately HK$18.5 billion.

Financial data shows that the company achieved revenue of HK$283 million in the first half of this year, a year-on-year decrease of 26%, with a net loss of HK$500 million during the period.

HashKey's core platform, HashKey Exchange, is a licensed virtual asset exchange in Hong Kong, committed to providing professional investors and retail clients with comprehensive virtual asset trading services in terms of compliance, fund security, and system protection, building a secure and compliant Web3 investment ecosystem.

Since its establishment in 2018, the HashKey Group has built a global Web3 business ecosystem in multiple markets, including Hong Kong, Singapore, Japan, and Bermuda, thanks to its strict compliance standards, becoming a significant player in the Asian digital asset field. (Source: WeChat Official Account - LeiDi)