IPO

Japanese payments firm PayPay, partial owner of Binance Japan, seeks $1.1 billion IPO

PayPay, a SoftBank Corp-backed payments company that owns a 40% stake in Binance Japan, is seeking to raise as much as $1.1 billion in a U.S. initial public offering, Reuters reported Monday. The Tokyo-based company and a selling shareholder plan to offer 55 million American… Read More

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

4 months ago by Crypto InsightsCrypto

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… Read More