HashKey Capital completes a new round of $500 million fund raising

On January 17, 2023, a global asset management institution focused on blockchain and cryptocurrency industry investments announced the completion of fundraising for its third fund, with a scale of 500 million USD. The institution's new fund received strong support from institutional investors, including sovereign wealth funds, large enterprises, and family offices.

This new fund will focus on seeking outstanding crypto and blockchain projects globally, while also paying attention to growth opportunities in emerging markets. The CEO of the institution stated that their team has experienced multiple industry cycles, accumulating rich experience, which enables them to remain stable amidst market fluctuations. It is worth noting that this institution is one of the few crypto investment institutions that has obtained relevant licenses in both Hong Kong and Singapore.

The chairman of the group emphasized that as early institutional investors in Ethereum, they have always believed that blockchain and cryptocurrency technology innovations can create a better future for humanity. The new fund will continue to follow established investment principles while seeking disruptive investment targets to drive the industry into the next phase of development.

The main investment directions of the new fund include infrastructure, tools, and applications with large-scale popularization potential. Since its establishment in 2018, this institution has managed over $1 billion in client assets and has a mature investment record at various stages of blockchain and crypto projects. To date, they have invested in many well-known projects in the industry, including Cosmos, Coinlist, Aztec, Blockdaemon, dYdX, imToken, Animoca Brands, Mask Network, Falcon X, Polkadot, Moonbeam, Space and Time, and Galxe.

As one of the largest and most influential blockchain investment institutions in Asia, this company is playing a leading role in connecting Web2 and Web3, working alongside entrepreneurs, investors, communities, and regulatory bodies to build a sustainable blockchain ecosystem. The company's operations span Hong Kong, Singapore, Japan, the United States, and other regions, and it has invested in over 500 companies worldwide, covering areas such as infrastructure, tools, and applications with large-scale adoption potential.