HASHKEY HLDGS has announced its initial public offering (IPO) details, aiming to raise up to HKD 1.67 billion. The company plans to issue 240 million shares, with 10% available to the public in Hong Kong at a price range of HKD 5.95 to 6.95 per share. The IPO will run until December 12, with a listing expected on December 17. Joint sponsors include Morgan Jumps, Haitong, and Guotai Junan International. As of October 31, HASHKEY held HKD 1.48 billion in cash and equivalents and HKD 570 million in digital assets, primarily in major tokens like ETH, BTC, USDC, USDT, and SOL. The company's total assets exceeded HKD 19.9 billion, with 96.9% in cold storage. Despite reporting losses over the past three years, HASHKEY's first-half loss this year narrowed by 34.8% to HKD 510 million. The IPO proceeds will fund technology upgrades, market expansion, and operational improvements.