HashKey has successfully cleared its HKEX listing committee hearing, a major regulatory hurdle for its planned initial public offering.
The exchange announced the milestone Monday, setting the stage for subsequent steps like prospectus registration and book-building. Funds from the IPO are earmarked for technology upgrades, security enhancements, and market expansion.
No specific timeline or deal size was disclosed, though Bloomberg previously reported the company could seek around $500 million.
