The offering, which will trade under the ticker SKHY, represents one of the largest public market entries in history. SK Hynix plans to issue approximately 17.79 million new shares, capitalizing on its dominant role in the AI infrastructure sector. The company's valuation surged past $1 trillion in May 2026, fueled by its early lead in High Bandwidth Memory technology.
BingX Opens Pre-IPO Trading for SK Hynix Ahead of Nasdaq Debut
With the semiconductor giant SK Hynix set to finalize a $29.4 billion Nasdaq listing on July 10, cryptocurrency exchange BingX has opened pre-IPO trading for the firm's ADRs. The platform is incentivizing participation with a $100,000 USDT prediction campaign centered on the stock’s opening price.
To drive engagement, BingX is challenging users to predict whether the shares will open above or below $166 on their first day of trading. Participants accumulate voting opportunities through specific platform activities, with winners splitting the prize pool. Pablo Monti, brand spokesperson for the exchange, noted that the move reflects a growing trend of investors looking to bridge the gap between digital assets and traditional global AI leaders. Founded in 2018, the exchange currently serves over 40 million users and maintains high-profile partnerships with Chelsea FC and Scuderia Ferrari HP.
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