HashKey Seeks $215 Million in Hong Kong IPO While Racing Against Its Cash Burn Rate

HashKey's prospectus highlights surging institutional volume, expanding staking and tokenization pipelines and more than 1.44 million users, while losses and a US$5.2 million monthly burn rate loom over one of Asia’s largest regulated crypto bets.

Original Article: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

This article was originally published on CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data and has been curated for our readers.