SK Hynix plans to raise up to $29.43 billion via Nasdaq ADR listing, triggering massive won-dollar currency flows that could impact Korean crypto markets.

SK Hynix has filed for a Nasdaq listing under SKHY that could raise $29.4 billion to fund new chip factories and advanced manufacturing equipment.

SK Hynix plans to raise up to $29.43 billion via Nasdaq ADR listing, triggering massive won-dollar currency flows that could impact Korean crypto markets.

SK Hynix reported Q1 2026 net profit exceeding its entire 2023 revenue, with 72% operating margins, and plans a NASDAQ ADR listing targeting $29.4 billion.