BiyaPay Analyst: Hong Kong Digital Asset Leader HASHKEY HLDGS Launches IPO, Set to List on December 17th

BlockBeats News, December 9th, HASHKEY HLDGS launched its IPO today, planning to globally issue approximately 241 million shares, with an expected listing on the main board of the Hong Kong Stock Exchange on December 17th. The subscription amount for one hand is approximately 2808.04 Hong Kong dollars. The company is positioned as a licensed digital asset platform, with business covering trading matching, on-chain services, and asset management. It has built the HashKey Chain that supports Real-World Asset (RWA) tokenization. The projected revenue for the fiscal year 2024 is around 721 million Hong Kong dollars, with a continuous increase in research and development investment. Based on the median offer price of 6.45 Hong Kong dollars, the net proceeds are approximately 14.26 billion Hong Kong dollars, which will be mainly used for technology and infrastructure upgrades and global expansion. BiyaPay analysts pointed out that HASHKEY HLDGS embodies the trend of a compliant digital asset platform "from trading to infrastructure" and is optimistic about its long-term growth potential in the Asia regulatory-friendly environment. Investors can conveniently allocate USDT through BiyaPay to access U.S. stocks, Hong Kong stocks, futures, and digital assets, seizing opportunities in the sector's development.