#虚拟资产监管 Hong Kong's first native crypto company is about to go public! HashKey's IPO application excites me beyond words — this is not just an exchange listing, but a formal breakthrough of the entire Web3 ecosystem within the traditional financial system.

Imagine, what have we seen in these years? From regulatory uncertainty to Hong Kong launching a dedicated licensing regime, and now platforms like HashKey being approved to offer a complete ecosystem of trading, custody, staking, asset management, and tokenization — this is true integration of regulation and innovation.

More importantly, the data: managing staking assets of HKD 29 billion, on-chain RWA exceeding HKD 1 billion, trading volume skyrocketing from HKD 4.2 billion in 2022 to HKD 638.4 billion in 2024. Although still operating at a loss, this is the necessary cost of building infrastructure. 40% of the IPO funds will be used for technological upgrades, 40% for international expansion, and 20% for compliance and operations — investing this money wisely is laying the foundation for a decentralized future.

This is highly significant for everyone paying attention to Web3 development. After years of exploration, Hong Kong is officially declaring to the world: we aim to become a center for digital assets. If HashKey performs steadily after going public, more compliant crypto infrastructure will follow, meaning Web3 is no longer just fringe innovation but gradually becoming part of mainstream finance.

A regulation-friendly environment + complete infrastructure + institutional-grade services — this is what the future looks like. Worth continuous attention!