• HashKey Capital announced the successful first closing of its fourth fund, HashKey Fintech Multi-Strategy Fund IV (Fund IV)
• Fund IV closed with US$250 million in total commitments, exceeding initial expectations
• The fund has attracted a diverse group of global institutional investors, family offices, and high-net-worth individuals
• Final target AUM for Fund IV is US$500 million, as previously announced
• The general partner is HashKey Capital Investment, part of the broader HashKey Group
• HashKey Capital’s Fund I has achieved a DPI of over 10x, highlighting strong institutional demand for high-conviction blockchain exposure
• Fund IV will adopt a multi-strategy investment approach across digital assets and blockchain initiatives
• Investment focus includes infrastructure, scalability, and mass-adoption use cases on a global scale
• The fund combines public-market strategies with liquidity-generating crossover opportunities
• Selective private-market investments will complement the strategy to enhance alpha
• HashKey Capital was founded in 2018 and is a major player in the global blockchain ecosystem
• The firm manages over US$1 billion in AUM and has invested in more than 400 projects worldwide
• HashKey Capital was an early institutional backer of Ethereum
• The firm is headquartered in Singapore with operations in Hong Kong and Japan
• HashKey Capital is a pioneer in regulated crypto investment in Hong Kong, holding Type 1, Type 4, and Type 9 licenses
• The firm played a key role in launching Hong Kong’s first Spot Bitcoin and Ether ETFs
• HashKey Capital also organizes the Hong Kong Web3 Festival, connecting Eastern and Western crypto ecosystems
• Chao Deng, CEO of HashKey Capital, highlighted emerging markets as key drivers for real-world blockchain applications
• Dr. Xiao Feng, Founder of HashKey Group, emphasized the convergence of AI, blockchain, and institutional finance as a major growth opportunity
• Fund IV aims to provide institutional-grade exposure across blockchain infrastructure, tooling, and applications with mass-adoption potential
