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HashKey Plans Multi-Currency Digital Asset Treasury Fund in Hong Kong Targeting Over $500 Million

The company pitches an active fund model as a compliant on-ramp for institutions into on-chain markets.

Overview

  • HashKey says it is preparing what it describes as Asia’s largest Digital Asset Treasury fund, with an initial raise target exceeding $500 million.
  • The vehicle is designed for continuous, active management with regular subscriptions and redemptions to address liquidity needs.
  • Initial allocation will focus on mainstream crypto assets, particularly bitcoin and ether, according to the company.
  • HashKey says the fund will pursue returns while supporting public blockchain networks and participating in DAT-related companies.
  • The firm frames the effort as an institutional bridge that aligns with rising regulatory scrutiny, citing examples such as Nasdaq’s reviews of listed companies’ crypto holdings.