HashKey Capital Secures $250M for New $500M Blockchain Fund, Backing Web3 and DeFi

HashKey Capital, a leading digital asset manager, has successfully raised $250 million in the first closing of its latest blockchain fund. The fund is targeting a total of $500 million to invest in infrastructure, tools, and applications within the blockchain ecosystem. This capital injection is earmarked for supporting innovative projects across various sectors, including Web3, decentralized finance (DeFi), and the broader digital asset space. The strong initial fundraising demonstrates continued institutional confidence in the long-term growth potential of blockchain technology, despite current market conditions. HashKey Capital's move signals a strategic commitment to funding the next generation of decentralized platforms and services.