BiyaPay Analyst: HashKey's IPO is imminent, marking the first crypto compliance giant to list on the Hong Kong stock market.

According to Mars Finance, on December 1st, HashKey Holdings, a Hong Kong-based virtual asset trading platform, passed the Hong Kong Stock Exchange's listing hearing, with JPMorgan Chase and others acting as joint sponsors. It is expected to become the "first Hong Kong-listed cryptocurrency company." Disclosures show that the company holds licenses in multiple locations, with cumulative spot trading exceeding HK$1.3 trillion and pledged assets of approximately HK$29 billion. BiyaPay analysts point out that the listing of a compliant leader in Hong Kong is expected to boost sentiment in the sector. Currently, BiyaPay supports trading US stocks, Hong Kong stocks, and futures using USDT. After HashKey's listing, users will also be able to conveniently participate in its stock trading through BiyaPay.