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FINTECH FIRMS RUSH TO RAISE EQUITY IN HONG KONG TO TAP CRYPTO FRENZY

  • NEWS Desk Global
  • Aug 1, 2025
  • 1 min read

Fintech companies are rushing to raise equity in Hong Kong to fund expansions in cryptocurrencies, capitalising on investor fervour as the city starts accepting applications for stablecoin issuer licences on Friday.

At least 10 Hong Kong-listed companies raised a total of more than $1.5 billion from share placements in July to be invested in areas including stablecoins, digital assets and blockchain-based payments, according to a Reuters calculation based on exchange filings.

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