Share this article

Crypto Investor HashKey Aims to Raise $100M for New Digital Assets Fund

The liquid digital assets fund, regulated by the Hong Kong Securities and Futures Commission, will open for investments on Sept. 1.

Updated Aug 4, 2023, 4:56 p.m. Published Aug 4, 2023, 4:56 p.m.
HashKey will launch a liquid assets fund registered in Hong Kong (Ruslan Bardash/Unsplash)
HashKey will launch a liquid assets fund registered in Hong Kong (Ruslan Bardash/Unsplash)

HaskKey Capital, a digital asset financial services firm, announced plans to launch a liquid digital assets fund regulated by the Hong Kong Securities and Futures Commission (HK SFC) on September 1. HashKey is aiming to raise at least $100 million for the open-ended fund, which will focus entirely on virtual assets, a HashKey representative told CoinDesk.

The liquid assets fund comes after Hong Kong reemerged as one of the global crypto hub due to the creation there of a digital asset regulatory structure. The new fund will also open less than nine months after the close of the HashKey FinTech Investment Fund III with $500 million in committed capital from institutional investors, including family offices and sovereign wealth funds. Bloomberg reported in May that HashKey was looking to raise between $100 million and $200 million at a $1 billion valuation, citing sources familiar with the matter.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The liquid assets fund comes after Hong Kong reemerged as a global crypto hubs due to the creation of a digital asset regulatory structure. The new fund will also open less than nine months after the close of the HashKey FinTech Investment Fund III with ent portfolio that’s entirely made up of digital assets.a

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Nasdaq, home of Coinbase, Strategy stocks, seeks 23-hour trading amid investor demand

Nasdaq logo on a screen

Crypto's 24/7 trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.

What to know:

  • Nasdaq plans to expand stock and exchange-traded product trading to 23 hours a day, five days a week, according to a filing.
  • The move follows similar initiatives by the New York Stock Exchange and reflects growing global demand for extended market access.
  • Always-on cryptocurrency trading has influenced investor expectations, with Nasdaq acknowledging that many of its clients are already active overnight.