Hong Kong’s HashKey Pushes Into Digital Asset Treasury With $500M Fund Plan

HashKey Group said it will launch what it calls Asia’s largest multi-currency Digital Asset Treasury (DAT) ecosystem fund with a first-phase fundraising target exceeding $500 ￰0￱ firm told investors the fund will be a perpetual vehicle that allows regular subscriptions and redemptions and will focus first on projects tied to the Ethereum and Bitcoin ￰1￱ Aims At Institutional Investors According to the disclosure the fund is designed to build a diversified portfolio by investing in and operating top-tier DAT projects ￰2￱ group said the vehicle is meant to act as an institutional bridge between traditional financial capital and on-chain ￰3￱ initial push aims at mainstream crypto assets

with ETH and BTC projects taking ￰4￱ Group Unveils #DAT Strategy: Pioneering the Institutional Bridge Between #TradFi and Crypto Launching Asia’s largest multi-currency Digital Asset Treasury (DAT) fund — targeting >$500M focusing on mainstream crypto assets with an initial focus on $ETH and $BTC … ￰5￱ — HashKey Group (@HashKeyGroup) September 8 2025 HashKey Plans Active Role In Projects Based on reports HashKey will not only put money into projects but also take part in running DAT companies and supporting wider industry ￰6￱ firm described a cycle where capital

ecosystem use market value capture and liquidity exits feed one ￰7￱ model is being pitched as an integrated approach that mixes investment with operational ￰8￱ Structure And Mechanics HashKey described the fund as perpetual which means no fixed end date

and it will offer ongoing liquidity through subscriptions and ￰9￱ with passive ETF products the group said DAT fits the 24/7 high-volatility nature of crypto markets and combines traditional price discovery logic with on-chain ￰10￱ fund’s setup aims to appeal to institutional players who want more active exposure than a passive ETF can ￰11￱ Record Backs The Pitch The announcement pointed to HashKey’s decade in the Ethereum space and highlighted numbers meant to show scale: HashKey Capital has invested in over 600 global blockchain and crypto companies including more than 400 Ethereum ecosystem ￰12￱ Chain

launched eight months ago reportedly holds total on-chain assets of $173 ￰13￱ group also noted that HashKey Exchange was among Asia’s first issuers of digital asset spot ETFs listed on the Hong Kong Stock ￰14￱ Cloud runs large-scale node ￰15￱ annual HK Web3 Festival is described as a major regional industry ￰16￱ And Market Timing Reports have disclosed that Nasdaq tightened scrutiny on listed companies’ crypto investments on September 4 ￰17￱ framed DAT as a route for on-chain ecosystems to move toward compliance and broader global access as regulation grows ￰18￱ message is likely aimed at institutional buyers who are weighing regulatory risk alongside potential ￰19￱ image from SCMP

chart from TradingView