• Hashkey Capital announced its third fund, HashKey FinTech Investment Fund III, with a total commitment of $500 million.
• Fund III will deploy capital to advance crypto and blockchain initiatives globally, focusing on emerging markets.
• Fund III will invest primarily in infrastructures, toolings, and applications that have the ‚potential for mass adoption.‘
Hashkey Capital recently announced the launch of their third fund, the HashKey FinTech Investment Fund III, committing a total of $500 million to advance crypto and blockchain initiatives globally. This fund will primarily focus on emerging markets, providing institutional-grade access to all aspects of blockchain and crypto technology.
The new fund will deploy capital to invest in infrastructures, toolings, and applications that have the potential for mass adoption. It follows the firm’s time-tested investment principles while also looking for game-changers that will propel the industry forward.
The announcement of Fund III has been met with strong support from a number of institutions, including sovereign wealth funds, corporations, and family offices. Since its launch in 2018, Hashkey has managed over US$1 billion in clients‘ assets, investing in firms such as Cosmos, Coinlist, Aztec, Blockdaemon, dYdX, Animoca Brands, FalconX, Polkadot, Moonbeam, and Galxe.
In addition, during the bear market of 2022, Hashkey served as an investor in the $12 million Series A funding round of the decentralized finance platform Akropolis, which focuses on providing retirement plans for the unbanked.
With the launch of HashKey FinTech Investment Fund III, the firm is looking to further advance the crypto and blockchain sector, providing financial support for initiatives that have the potential for mass adoption and have the potential to revolutionize the industry.