HONG KONG — HashKey Group, a prominent figure in Asia’s digital asset financial services sector, has revealed plans to launch a groundbreaking multi-currency Digital Asset Treasury (DAT) ecosystem fund. This initiative is positioned to be Asia’s largest of its kind, targeting the global market and aiming to enhance the standardized management of crypto assets while fostering sustainable growth within the Web3 ecosystem.
The fund will be built around DAT strategies and is designed as a perpetual vehicle that caters to the long-term operational and liquidity requirements of DAT. This structure allows for regular subscriptions and redemptions. HashKey plans to create a diversified portfolio by initiating investments in a variety of DAT projects that focus primarily on mainstream cryptocurrencies, such as Ethereum (ETH) and Bitcoin (BTC). In its initial fundraising phase, HashKey has set a target of surpassing USD 500 million.
This new fund not only provides institutional investors with a compliant and efficient channel for asset participation and potential returns, but also capitalizes on HashKey’s extensive resources to bolster core public chain ecosystems like Ethereum. The company aims to drive the commercialization of various ecosystem projects, participating actively in the operations of DAT companies and the broader industry landscape. This symbiotic approach is expected to create a positive cycle of investment, application, market value capture, and liquidity, representing a pioneering strategy in the realm of DAT.
HashKey emphasizes that DAT is not merely a fleeting narrative, but represents a significant and structured opportunity in the evolving landscape of capital markets. In light of the continuing convergence of traditional finance and crypto assets, DAT is gaining prominence in capital markets as a viable mechanism in the dynamic, round-the-clock environment of the crypto market. The DAT model combines traditional financial price discovery logic with on-chain asset structures, serving as a critical conduit for traditional capital to navigate the intricate Web3 ecosystem.
The company’s foray into the DAT sector is in line with its ongoing strategic development and capabilities. Having been an active participant in the Ethereum ecosystem for ten years, HashKey has built a solid reputation by supporting the growth of over 600 blockchain and cryptocurrency companies, including more than 400 related to Ethereum projects. Furthermore, HashKey Exchange has established itself as one of Asia’s first issuers of digital asset spot exchange-traded funds (ETFs) listed on the Hong Kong Stock Exchange.
As regulatory clarity increases globally, HashKey observes that the DAT landscape is shifting from broad exploration towards a phase focused on structured selection. Recent attention, including increased scrutiny from Nasdaq regarding crypto investments, indicates a competitive market that requires robust capabilities in asset identification, structural design, risk management, and ecosystem governance.
Looking to the future, HashKey intends to expand its role not just as a fund provider but as a foundational bridge between conventional assets and emerging digital standards. The company aims to facilitate the transition from Hong Kong to a global arena, promoting the flow of capital and the development of ecosystems in the digital asset space.
HashKey Group operates a diverse range of services, including HashKey Exchange, HashKey Capital, and HashKey Cloud, among others, with the overarching goal of driving the mass adoption of blockchain technology. Its commitment to providing trustworthy and accessible digital asset services aims to reach one billion users worldwide, establishing HashKey as a key player in the evolution of the digital economy.
