{"id":65303,"date":"2025-12-24T11:31:32","date_gmt":"2025-12-24T11:31:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/hashkey-raises-250m-for-new-crypto-fund-on-strong-investor-demand\/"},"modified":"2025-12-24T11:31:32","modified_gmt":"2025-12-24T11:31:32","slug":"hashkey-raises-250m-for-new-crypto-fund-on-strong-investor-demand","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/hashkey-raises-250m-for-new-crypto-fund-on-strong-investor-demand\/","title":{"rendered":"HashKey raises $250M for new crypto fund on strong investor demand"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/20251224_1452_Crypto-Fund-Closure_simple_compose_01kd7tm3f2e4xava5wzy390htf-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/20251224_1452_Crypto-Fund-Closure_simple_compose_01kd7tm3f2e4xava5wzy390htf-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/20251224_1452_Crypto-Fund-Closure_simple_compose_01kd7tm3f2e4xava5wzy390htf-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/20251224_1452_Crypto-Fund-Closure_simple_compose_01kd7tm3f2e4xava5wzy390htf-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>The fund targets infrastructure and scalable blockchain use cases, with a focus on emerging markets.<\/li>\n<li>Market makers have reduced activity since the Oct. 10 crash, while ETF flows signal lower institutional participation.<\/li>\n<li>The raise follows HashKey\u2019s $206 million IPO on the Hong Kong stock exchange.<\/li>\n<\/ul>\n<p>Institutional capital is taking a longer view of crypto markets as short-term liquidity thins out.<\/p>\n<p>That shift is reflected in the first close of a new fund by HashKey Capital, which has secured $250 million in commitments despite choppier trading conditions.<\/p>\n<p>The rise highlights how large investors are repositioning after a volatile period marked by heavy liquidations, ETF outflows, and retreating market makers.<\/p>\n<p>Rather than chasing near-term price moves, capital is increasingly being directed toward infrastructure, financial technology, and real-world blockchain applications with longer-run potential.<\/p>\n<h2>Fund strategy and scale<\/h2>\n<p><a href=\"https:\/\/hashkey.capital\/news\/details42_477.html\">HashKey Capital said<\/a> its fourth crypto-focused vehicle, the HashKey Fintech Multi-Strategy Fund IV, exceeded expectations at its first close and is targeting a final size of $500 million.<\/p>\n<p>The fund is designed to deploy capital across multiple strategies, with a focus on core infrastructure and scalable use cases aimed at broader adoption.<\/p>\n<p>According to the firm, emerging markets are expected to play a central role, as these regions are increasingly acting as testing grounds for blockchain-based financial services and applications.<\/p>\n<h2>Institutional conviction on the back foot<\/h2>\n<p>The timing of the close is notable. Crypto markets have been adjusting after a sharp sell-off earlier in October, when a major liquidation event triggered widespread deleveraging.<\/p>\n<p>In a <a href=\"https:\/\/x.com\/10x_Research\/status\/2003428010276585482\">Tuesday post on X<\/a>, 10x Research said many traders and market makers had reduced activity following the Oct. 10 crash, contributing to thinner liquidity.<\/p>\n<p>Since early November, the 30-day moving average of net flows into US spot Bitcoin and Ether ETFs has turned negative, suggesting that capital is being redeployed or held on the sidelines as conditions tighten.<\/p>\n<h2>Track record and expansion<\/h2>\n<p>Fund IV builds on HashKey Capital\u2019s established presence in Asia\u2019s digital asset sector.<\/p>\n<p>Since launching in 2018, the firm has grown to manage more than $1 billion in assets and has invested in over 400 projects globally.<\/p>\n<p>Its first fund recorded a distributed-to-paid-in ratio of more than 10x, underlining the scale of returns achieved in earlier cycles.<\/p>\n<p>The firm is headquartered in Singapore and operates across Hong Kong and Japan.<\/p>\n<p>It is part of the broader HashKey Group, which was among the first in Hong Kong to secure a crypto exchange licence.<\/p>\n<p>The group has also been involved in launching the city\u2019s first spot Bitcoin and Ether ETFs, adding to its regulatory and market footprint.<\/p>\n<p>The fundraise comes shortly after HashKey\u2019s entry into public markets.<\/p>\n<p>Last week, the company made its trading debut on the Stock Exchange of Hong Kong following a $206 million initial public offering.<\/p>\n<p>The listing adds another layer of visibility at a time when scrutiny of crypto firms remains high and access to traditional capital markets is becoming more selective.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/hashkey-raises-250m-for-new-crypto-fund-on-strong-investor-demand\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) The fund targets infrastructure and scalable blockchain use cases, with a focus on emerging markets. Market makers have reduced activity since the Oct. 10 crash, while ETF flows signal lower institutional participation. The raise follows HashKey\u2019s $206 million IPO on the [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":65304,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/65303"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=65303"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/65303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/65304"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=65303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=65303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=65303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}