The fund, HashKey FinTech Investment Fund III, received support from institutional investors, including sovereign wealth funds, corporations, and family offices.
Fund III's capital will support great crypto and blockchain initiatives globally, focusing on emerging markets.
"We are one of the few crypto investors that have been granted a license for fund management involving digital assets in Hong Kong, with another approval in principle received for fund management in Singapore,"
Said Deng Chao, CEO of HashKey Capital.
Fund III aims to provide institutional-grade exposure to all aspects of blockchain and crypto technologies, primarily investing in infrastructures, tooling, and applications with potential for mass adoption.
Since its inception in 2018, HashKey Capital has managed over $1 billion in client assets and has invested in numerous top projects and companies, including Cosmos, Coin list, Aztec, and Polkadot.
