HashKey Capital raised $250 million for new blockchain fund that targets $500 million

HashKey Capital, a subsidiary of HashKey Holdings, announced it closed the initial fundraising round for its fourth crypto fund, the HashKey Fintech Multi-Strategy Fund IV, securing $250 million from various institutional and private investors. The fund is targeting a final close of $500 million and will focus on investing in blockchain infrastructure and applications with real-world, scalable use cases across both public and private markets, including crossover investments where traditional and blockchain finance intersect. Based in Singapore, HashKey is a major Asian digital asset fund manager with over $1 billion in assets under management and has been involved in launching Hong Kong's first spot bitcoin and ether ETFs.

(Source：CoinDesk)