HashKey Shares Drop | Crypto

HashKey Holdings closed 3% below its IPO price of HK$6.68 in its Hong Kong debut despite raising $206 million and attracting oversubscription from institutional and retail investors, as the city's largest licensed crypto exchange navigates broader market headwinds with bitcoin down 36% from October highs. The post HashKey Shares Drop 3% in Disappointing Hong Kong Debut Despite $200M Raise appeared first on Cryptonews.