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HashKey Leads Hong Kong’s Crypto Market as Losses Deepen Ahead of IPO

HashKey has emerged as Hong Kong’s largest licensed crypto exchange, but its IPO filing reveals a company paying heavily for that position. According to filings published Monday with Hong Kong’s exchange, HashKey processed HK$638.4 billion (about $82 billion) in trading volume in 2024, around double the previous year as its Hong Kong platform scaled up…

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