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HashKey Capital Closes Fund III With US$500 Million in Commitments To Build Web3

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HashKey Capital, a global asset manager specializing in crypto and blockchain, announced today the final closing of its third fund, HashKey FinTech Investment Fund III (“Fund III”), with a total commitment of US$500 million. Fund III, whose general partner is HashKey FinTech Investment (part of HashKey Capital, and together with its affiliates, the “HashKey Group”), received strong support from institutional investors including sovereign wealth funds, corporations, and family offices.

Capital from Fund III will be deployed to advance outstanding crypto and blockchain initiatives globally, focusing on the growing opportunities in emerging markets.

Fund III will provide investors with institutional-grade exposure to all facets of blockchain and crypto technologies. This new fund aims to invest primarily in infrastructures, toolings, and applications that have potential for mass adoption.

Since its inception in 2018, HashKey Capital has managed over US$1 billion in client assets with a proven track record of investing across all stages of blockchain and crypto companies. To date, HashKey Capital has invested in many top projects and companies, including Cosmos, Coinlist, Aztec, Blockdaemon, dYdX, imToken, Animoca Brands, Mask Network, FalconX, Polkadot, Moonbeam, Space and Time, and Galxe.

HashKey Capital, the investment arm of the HashKey Group, is a global asset manager investing exclusively in blockchain technology and digital assets, managing over US$1 billion in client assets since its inception. As one of the largest crypto funds based in Asia and known for being Ethereum's earliest corporate investor, our mission is to bridge digital assets to the mainstream and connecting Web2 and Web3. HashKey Capital operates in Hong Kong, Singapore, with significant presence in Japan and the U.S., and has invested in over 500 global projects related to infrastructures, toolings, and applications that have potential for mass adoption.

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