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✨ HashKey Raises $250M Crypto Fund Amid Strong Investor Demand 🔥

The HashKey Capital's fourth crypto-focused vehicle, the HashKey Fintech Multi-Strategy Fund IV, has exceeded expectations at its first close, raising $250 million in commitments despite challenging market conditions.

This fund targets infrastructure and scalable blockchain use cases with a focus on emerging markets. The rise highlights how institutional investors are repositioning after a volatile period marked by heavy liquidations and ETF outflows.

Market makers have reduced activity since the Oct. 10 crash, while ETF flows signal lower institutional participation. This shift underscores that capital is increasingly being directed toward long-term potential in infrastructure, fintech, and real-world blockchain applications.

The fund IV builds on HashKey Capital's established presence in Asia’s digital asset sector, having managed over $1 billion in assets since 2018 and investing in over 400 projects globally. Its latest move follows a successful initial public offering (IPO) earlier this week.

This raise comes as scrutiny of crypto firms remains high and access to traditional capital markets becomes more selective. The HashKey Group, which launched Hong Kong’s first spot Bitcoin and Ether ETFs, is now visible on the Stock Exchange of Hong Kong after its IPO.

What do you think about institutional confidence returning to crypto despite these challenges? 🚀 #ETH #CryptoFunds #HashKeyGroup