HashKey Holdings Ltd (Ticker: 3887 HK) is a Hong Kong-based company specializing in licensed digital asset services, including transaction facilitation, on-chain services, and asset management. Reportedly the largest onshore digital asset platform in Asia by trading volume, the company also operates the HashKey Chain infrastructure. HashKey plans to list on the Hong Kong Stock Exchange on December 17, 2025.
The company intends to offer approximately 240.6 million shares at a price range of HKD 5.95 to HKD 6.95. The IPO is expected to raise up to HKD 1.67 billion (approx. $215 million). At the offer price, the company anticipates a market capitalization of roughly $2.29 billion. HashKey reportedly plans to allocate the proceeds towards R&D, product capacity, and brand promotion. Joint sponsors for the listing include Guotai Junan Capital and J.P. Morgan Securities.