#Hashed

Hashed (often styled as #Hashed) is a blockchain-focused venture capital firm, project accelerator, and community builder based in Seoul, South Korea, with additional offices in Singapore, Bengaluru, Silicon Valley, and Abu Dhabi. The firm specializes in early-stage investments across the crypto and Web3 ecosystem, supporting infrastructure, decentralized finance (DeFi), gaming, and consumer applications that aim to advance global blockchain adoption.

Overview

Hashed positions itself as a crypto-native venture platform that combines capital with active ecosystem participation. Rather than operating purely as a financial investor, the firm works closely with founders on token economic design, product strategy, and community development. It is recognized as one of South Korea’s most prominent crypto asset funds and has been profiled by CryptoSlate as a key player in connecting Asian blockchain projects with global markets.

The organization’s activities extend beyond investment into education, research, and community initiatives, including meetups, conferences, and content that introduce new blockchain projects and thought leaders to developers, investors, and institutions.

History and Background

Hashed was founded in 2017 by a group of serial entrepreneurs, systems engineers, and company operators, including CEO Simon Seojoon Kim. Before launching Hashed, members of the founding team had experience building technology startups and working in software engineering and investment roles. This operator background informs the firm’s focus on hands-on support for portfolio projects.

Early on, Hashed gained visibility as an investor and accelerator for high-profile Asian blockchain networks and as an organizer of community initiatives such as Hashed Lounge, Hashed Post, and Hashed Night, which helped cultivate South Korea’s early crypto developer and investor community. Over time, the firm expanded from a regional player into a globally active venture platform.

Core Products and Services

Hashed operates several complementary lines of activity within the broader Web3 ecosystem:

• Crypto asset and venture funds: Early-stage funds investing in tokens and equity of blockchain infrastructure, DeFi, gaming, and Web3 consumer projects.
• Project acceleration: Advisory and acceleration support on tokenomics, protocol governance, product strategy, and go-to-market planning for portfolio teams.
• Community building: Events, meetups, and content initiatives that connect founders with developers, investors, and industry partners.
• Ecosystem arms: Initiatives such as UNOPND, Hashed Emergent, and Hashed Open Research that focus on venture building, emerging markets, and research respectively.

Technology and Investment Focus

Hashed’s investment thesis centers on decentralization, user ownership, and open financial infrastructure. The firm backs teams building across multiple layers of the stack, including base-layer protocols, scalability solutions, infrastructure middleware, and end-user applications.

• Infrastructure and scalability: Layer-1 and Layer-2 networks designed for higher throughput, lower transaction costs, and improved developer tooling.
• DeFi and financial primitives: Protocols that enable lending, trading, derivatives, and yield strategies natively on-chain, often interacting with major assets such as Bitcoin and Ethereum.
• Gaming and digital assets: Projects integrating non-fungible tokens (NFTs), in-game economies, and digital collectibles into interactive entertainment and metaverse environments.
• Web3 consumer applications: Wallets, identity solutions, and social products that abstract blockchain complexity while preserving user ownership of data and assets.

Ecosystem and Global Footprint

From its origin in Seoul, Hashed has built a multi-region presence. Offices in Singapore, Bengaluru, Silicon Valley, and Abu Dhabi allow the firm to source deals and support founders across Asia, North America, and other emerging markets. This geographic spread also facilitates collaboration with regulators, corporates, and institutional investors in multiple jurisdictions.

Hashed Emergent, a related venture arm focused on India and other emerging markets, plays a central role in the firm’s strategy for Web3 ecosystem building in high-growth regions. It publishes research, such as India-focused Web3 landscape reports, and organizes events including major regional conferences, complementing Hashed’s broader ecosystem work.

Funding, Structure, and Strategic Partnerships

Since its founding, Hashed has grown from a small founder-pooled fund into a multi-fund venture platform managing hundreds of millions of dollars in assets. Earlier coverage on CryptoSlate and other outlets highlighted its evolution from an initial capital base of around $600,000 to a fund size in the hundreds of millions as crypto markets expanded.

In subsequent years, Hashed and its affiliate Hashed Ventures have launched additional venture funds and attracted institutional capital. Notably, in 2025 Hashed Ventures secured a strategic investment from SMBC Nikko Securities, a core subsidiary of Japan’s Sumitomo Mitsui Financial Group, into its Hashed Venture Fund III. This partnership underscores growing collaboration between traditional financial institutions and Web3-focused venture investors in Asia.

Risks and Considerations

As with other dedicated crypto venture firms, Hashed operates in a sector characterized by high volatility, evolving regulations, and significant technological risk. Many of the projects it backs are experimental, with business models tied to token incentives and on-chain governance that can be sensitive to market cycles and security vulnerabilities.

Hashed’s exposure to certain high-profile ecosystems that later experienced severe stress, as well as periods of regulatory scrutiny in its home jurisdiction, highlight the broader risks associated with early-stage crypto investing. These developments illustrate that outcomes can vary widely, even for sophisticated investors, and they underscore the importance of independent due diligence for market participants assessing projects backed by any venture firm.

Within the wider crypto ecosystem, Hashed is viewed as a case study in crypto-native venture capital: combining technical expertise, regional specialization in Asia, and an emphasis on community-building and education, while navigating the rapid innovation cycles and policy changes that characterize the digital asset market.