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HashKey Raises $206M in Hong Kong IPO, Becomes First Digital Asset Firm to List in Region

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HashKey Holdings raised $206 million in its Hong Kong IPO, becoming the first digital asset firm to list in the region under advancing digital asset regulation. The offering secured nine cornerstone investors, including UBS AM Singapore and Fidelity. Funds will go toward infrastructure, security, and compliance upgrades, with a focus on Countering the Financing of Terrorism measures. The firm also plans to expand hiring and product development across the region.
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