The first Asian digital asset company is here: HashKey officially listed on the Hong Kong Stock Exchange, with 9 institutions rushing to subscribe for cornerstone investments.
【BlockBeats】On December 17, Asia’s leading digital asset comprehensive service provider HashKey (Stock Code: 3887.HK) officially listed on the Main Board of the Hong Kong Stock Exchange, and a bell-ringing ceremony was held. This moment marks another milestone for crypto financial service providers in the Hong Kong stock market.
The event gathered several key figures from Hong Kong’s financial circle. HashKey Group Chairman and CEO Xiao Feng emphasized in his speech that listing is not the end, but a new beginning. The company will continue to deepen its commitment to rooted in Hong Kong, adhere to compliance, and make continuous breakthroughs in core areas such as secure custody, on-chain execution, and on-chain compliance, with the goal of building a globally leading digital asset infrastructure service platform.
This IPO was highly attractive. During the public offering phase, nine cornerstone investors, including UBS Asset Management Singapore, Fidelity, and CDH Investments, were successfully introduced. This lineup demonstrates the market’s strong confidence in HashKey’s future prospects.
As the first company in Asia’s digital asset field to be listed on the Hong Kong stock market, HashKey’s move has a demonstration significance for the entire industry. Against the backdrop of increasingly strict global regulatory environments, a platform that insists on compliance and gains institutional recognition successfully going public sends a clear signal to the market: standardized and professional Web3 infrastructure construction is becoming a new direction for industry development.
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AlphaWhisperer
· 12-17 11:44
The compliance route has become a tired excuse; the key still depends on how to make money later.
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9 institutions rushing to buy? Indicates that the market is indeed optimistic, but there are also many Hong Kong stocks that perform poorly right after listing.
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Xiao Feng's phrase "Listing is not the end," is cliché but truly discouraging.
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UBS and Fidelity are both here, it feels like they are serious this time, unlike some projects that look glamorous on the surface but are all air underneath.
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Let's wait and see how it performs after listing; no matter how good it sounds now, it’s useless if it crashes later.
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The first Asian stock sounds impressive, but how far it can go depends on how relaxed the compliance regulations are.
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With such luxurious cornerstone investors, the stock price should soar to the sky... but we still need to be rational.
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This time is really a bit different; industry giants are here to support, but crypto finance in Hong Kong stocks is still a new species, right?
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DegenRecoveryGroup
· 12-17 11:43
Uh, finally some legitimate players are entering the market, much better than those who run away every day.
With 9 institutions rushing to buy, they must be very optimistic. Big players like UBS and Fidelity are here.
Listing on the Hong Kong stock market is just different; compliance is finally being taken seriously.
It feels like crypto finance is officially "landing," but I wonder if it will turn into another feast of cutting leeks.
Xiao Feng's words sound quite sincere, but how it will perform after listing still depends on subsequent performance.
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MultiSigFailMaster
· 12-17 11:42
Finally, the day has arrived. The Hong Kong Stock Exchange has added another legitimate player in crypto, and it feels like Hong Kong is really serious about this matter.
Among the 9 cornerstone investors, there are actually UBS and Fidelity, which shows that traditional finance is indeed taking digital assets seriously.
Xiao Feng said it well: going public is just the beginning; the real work is to continue focusing on compliance and infrastructure, which are the long-term competitive advantages.
However, to be fair, it’s not easy for crypto concept stocks in Hong Kong stocks to emerge, so it all depends on whether they can truly become industry benchmarks in the future.
How was this round of financing? Does anyone know the specific amount raised? It seems like that’s the key point.
The first Asian digital asset company is here: HashKey officially listed on the Hong Kong Stock Exchange, with 9 institutions rushing to subscribe for cornerstone investments.
【BlockBeats】On December 17, Asia’s leading digital asset comprehensive service provider HashKey (Stock Code: 3887.HK) officially listed on the Main Board of the Hong Kong Stock Exchange, and a bell-ringing ceremony was held. This moment marks another milestone for crypto financial service providers in the Hong Kong stock market.
The event gathered several key figures from Hong Kong’s financial circle. HashKey Group Chairman and CEO Xiao Feng emphasized in his speech that listing is not the end, but a new beginning. The company will continue to deepen its commitment to rooted in Hong Kong, adhere to compliance, and make continuous breakthroughs in core areas such as secure custody, on-chain execution, and on-chain compliance, with the goal of building a globally leading digital asset infrastructure service platform.
This IPO was highly attractive. During the public offering phase, nine cornerstone investors, including UBS Asset Management Singapore, Fidelity, and CDH Investments, were successfully introduced. This lineup demonstrates the market’s strong confidence in HashKey’s future prospects.
As the first company in Asia’s digital asset field to be listed on the Hong Kong stock market, HashKey’s move has a demonstration significance for the entire industry. Against the backdrop of increasingly strict global regulatory environments, a platform that insists on compliance and gains institutional recognition successfully going public sends a clear signal to the market: standardized and professional Web3 infrastructure construction is becoming a new direction for industry development.