The post HashKey Pushes Hong Kong IPO with Major Hearing appeared on BitcoinEthereumNews.com. Key Notes On December 1, HashKey announced that it had cleared the HKEX listing hearing. This is part of its move to go public in Hong Kong. Bitkub is also planning to have an IPO in Hong Kong by 2026. HashKey Holdings Limited has inched closer to its Initial Public Offering (IPO) after taking a major step recently. On Dec. 1, it announced that it had cleared the Hong Kong Stock Exchange’s (HKEX) listing hearing, which is a review of the public bourse’s listing committee. HaskKey to Direct IPO Proceeds to Technological Infrastructure Upgrade It highlighted the development in its Post Hearing Information Pack, marking a step towards having its IPO, which was filed a while back. Contextually, the HKEX hearing is a review by the stock exchange’s listing committee. This particular committee is responsible for making decisions on listing applications, disciplinary matters, as well as other regulatory issues for companies seeking to go public. Once a company clears the hearing, the next step is prospectus registration, which is then followed by marketing, book-building, and pricing. Though HashKey has not disclosed the timeline or the size of the planned IPO, it is already making plans for the proceeds of the IPO. This is a reflection of the company’s confidence in going public soon. It intends to upgrade its technological infrastructure, such as product innovation and security. Another portion will go to supporting market expansion and general corporate purposes. More Crypto Firms Planning for an IPO With this new development, HashKey is setting the tone for the new year, which is only a few weeks away. At the beginning of 2025, it raised its valuation to $1.5 billion through a $30 million investment from Gaorong Ventures, a Beijing-based venture capital firm. This was after HashKey Capital, the investment branch of HashKey… The post HashKey Pushes Hong Kong IPO with Major Hearing appeared on BitcoinEthereumNews.com. Key Notes On December 1, HashKey announced that it had cleared the HKEX listing hearing. This is part of its move to go public in Hong Kong. Bitkub is also planning to have an IPO in Hong Kong by 2026. HashKey Holdings Limited has inched closer to its Initial Public Offering (IPO) after taking a major step recently. On Dec. 1, it announced that it had cleared the Hong Kong Stock Exchange’s (HKEX) listing hearing, which is a review of the public bourse’s listing committee. HaskKey to Direct IPO Proceeds to Technological Infrastructure Upgrade It highlighted the development in its Post Hearing Information Pack, marking a step towards having its IPO, which was filed a while back. Contextually, the HKEX hearing is a review by the stock exchange’s listing committee. This particular committee is responsible for making decisions on listing applications, disciplinary matters, as well as other regulatory issues for companies seeking to go public. Once a company clears the hearing, the next step is prospectus registration, which is then followed by marketing, book-building, and pricing. Though HashKey has not disclosed the timeline or the size of the planned IPO, it is already making plans for the proceeds of the IPO. This is a reflection of the company’s confidence in going public soon. It intends to upgrade its technological infrastructure, such as product innovation and security. Another portion will go to supporting market expansion and general corporate purposes. More Crypto Firms Planning for an IPO With this new development, HashKey is setting the tone for the new year, which is only a few weeks away. At the beginning of 2025, it raised its valuation to $1.5 billion through a $30 million investment from Gaorong Ventures, a Beijing-based venture capital firm. This was after HashKey Capital, the investment branch of HashKey…