Overview
- HashKey Fintech Multi-Strategy Fund IV secured $250 million at first close and is pursuing a $500 million final size.
- Commitments came from institutions, family offices and high‑net‑worth individuals, with backers not publicly named.
- The fund will back blockchain infrastructure, scalable platforms and real‑world applications with emphasis on emerging markets.
- Today’s announcement follows HashKey’s $206 million Hong Kong IPO, and the stock rose about 4% to HK$5.73 on the news.
- The company and analysts cite a pullback by traders and market makers since the Oct. 10 sell‑off and negative net flows into U.S. spot Bitcoin and Ether ETFs since early November.