Licensed crypto exchange HashKey Group is intending to raise as much as HK$1.67 billion in its Hong Kong initial public offering (IPO), according to a recent Reuters report.

The company is offering 240.6 million shares at a price range of HK$5.95 to HK$6.95 per share. Final pricing is scheduled for 16 December 2025.

The shares are expected to debut on the Hong Kong exchange the following day.

HashKey Group’s operations comprise trading, venture investment, and asset management businesses across Hong Kong and Singapore.

Earlier this year, Gaorong Ventures, known for backing Chinese internet leaders like Meituan and PDD Holdings, invested $30 million into HashKey Group.

Featured image edited by Fintech News Hong Kong based on image by geargodz on Freepik