HashKey Capital announced its third fund, HashKey FinTech Investment Fund III, with a total commitment of $500 million, according to a Jan. 17 press release.
According to the announcement, Fund III will deploy capital to advance crypto and blockchain initiatives globally, focusing on emerging markets. As reported, a number of institutions, including sovereign wealth funds, corporations, and family offices, offered strong support to the initiative.
Dr. Xiao Feng, Chairman of HashKey Group, said:
“Fund III will follow our time-tested investment principles while also looking for game-changers, which would be those that will propel the industry forward into the next stage.”
The new fund will invest primarily in infrastructures, toolings, and applications that have the ‘potential for …
