HashKey, a licensed virtual asset service provider in Hong Kong, has successfully passed the Hong Kong Stock Exchange's IPO hearing, marking a significant milestone as the first virtual asset exchange in the region to do so. The company has released its Post Hearing Information Pack (PHIP), which details its financials, governance, and compliance measures. Operating in Hong Kong, Singapore, and Japan, HashKey adheres to stringent exchange licensing standards and utilizes a Layer 2 blockchain solution tailored for institutional clients. The PHIP also reveals the firm's board structure, which includes independent directors, aligning with traditional market practices. This development underscores HashKey's commitment to integrating crypto asset classification frameworks into its operations.