HashKey Group has filed for an initial public offering (IPO) in Hong Kong, aiming to list “as soon as this year,” unnamed sources told Bloomberg. The firm runs Hong Kong’s largest licensed crypto exchange, HashKey Exchange. The company is aiming to raise as much as $500 million, the report added. The sources disclosed that HashKey is still negotiating details, including valuation and the listing schedule, which are subject to adjustment. The move aligns with Hong Kong’s growing digital asset regulatory e ...

Key Points Gemini stock reached as high as $45.89 in its first day of trading after initially being listed at $28 a share. The crypto exchange raised $425 million from the IPO. This is the second successful crypto-related IPO in as many days. 10 stocks we like better than Gemini Space Station › Gemini Space Station (NASDAQ: GEMI) soared on Friday, finishing the day up 14.3%. The move comes as the S&P 500 (SNPINDEX: ^GSPC) was down slightly and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4%. ...