HashKey is preparing for an IPO, and this matter deserves a good discussion.

To be honest, many people might not realize how crucial this matter is. As one of the first trading platforms in Hong Kong to obtain a compliant license, HashKey's listing can basically be regarded as a barometer for the development of the cryptocurrency industry in the entire East Asia region.

Their recently published prospectus contains a lot of information points. From business data to shareholder structure, and future planning, these details put together basically provide a clear view of how the licensed exchange will proceed and how much operational space there is under the regulatory framework.

This IPO is not just a financing action for a single company, but more like a test of how far the compliance path can go. For those interested in the Asian market, this case has significant reference value.