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HashKey Capital

Asia, Central Region, Singapore, Singapore

Description

HashKey Capital is a prominent global asset manager specializing in blockchain and digital assets, headquartered in Singapore. Established in 2015, it has grown to become one of the earliest and largest institutional investors in the burgeoning Web3 ecosystem. The firm is dedicated to fostering innovation across various segments, including Web3 infrastructure, tools, and applications, demonstrating a comprehensive approach to the decentralized future.

The firm's investment strategy is broad, covering a wide spectrum of stages from Pre-Seed to Series B+ and beyond, encompassing both equity and token investments. HashKey Capital manages a diverse portfolio through various funds, including a dedicated Venture Fund focused on early-stage ventures and a Liquid Fund for more mature digital assets. Their commitment to the space is underscored by their significant capital deployment, with their third crypto fund, HashKey Capital III, closing with $500 million in commitments in 2022, specifically targeting promising Web3 projects.

HashKey Capital has built an impressive track record, managing over US$1 billion in client assets. Their expansive portfolio includes investments in more than 500 projects, cementing their position as a key player in the blockchain investment landscape. This extensive reach and deep industry expertise allow them to identify and support groundbreaking technologies and teams globally. The firm's typical first cheque sizes for their venture investments generally range from $500,000 for early-stage opportunities up to $10,000,000 for more mature Series B+ rounds, reflecting their capacity to support companies throughout their growth trajectory.

Investor Profile

HashKey Capital has backed more than 29 startups, with 10 new investments in the last 12 months alone. The firm has led 2 rounds, about 7% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, United Kingdom.
  • Strong thematic focus on Blockchain, Cryptocurrency, Artificial Intelligence (AI).
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $10M.

Stage Focus

  • Seed (72%)
  • Pre Seed (10%)
  • Series A (7%)
  • Series Unknown (7%)
  • Angel (3%)

Country Focus

  • United States (41%)
  • Singapore (31%)
  • United Kingdom (3%)
  • Hong Kong (3%)
  • France (3%)
  • Israel (3%)
  • Germany (3%)

Industry Focus

  • Blockchain
  • Cryptocurrency
  • Artificial Intelligence (Ai)
  • Software
  • Gaming
  • Web3
  • Digital Entertainment
  • Decentralized Finance (Defi)
  • Information Services
  • Online Games
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does HashKey Capital frequently co-invest with?

OKX Ventures
Africa, Beau Vallon, Seychelles, Mahé
Co-Investments: 4
SevenX Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
Hypersphere Ventures
North America, Florida, United States, Miami
Co-Investments: 3
Binance Labs
Europe, NA - Malta, Malta, Birkirkara
Co-Investments: 3
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 5
Hack VC
North America, California, United States, San Francisco
Co-Investments: 3
FV
North America, New York, United States, New York
Co-Investments: 4
Foresight Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 3
Symbolic Capital
North America, New York, United States, New York
Co-Investments: 3
The Spartan Group
Asia, Central Region, Singapore, Singapore
Co-Investments: 3

Which angels does HashKey Capital often collaborate with?

Balaji Srinivasan
Asia, Central Region, Singapore, Singapore
Shared Deals: 1
AV
North America, Texas, United States, Austin
Shared Deals: 1
Sandeep Nailwal
Asia, Indonesia
Shared Deals: 2
LM
Europe, England, United Kingdom, London
Shared Deals: 1
KW
North America, California, United States, San Francisco
Shared Deals: 1
TF
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
Shared Deals: 1
NP
North America, California, United States, San Francisco
Shared Deals: 1
MR
North America, Illinois, United States, Chicago
Shared Deals: 1

What are some of recent deals done by HashKey Capital?

Zypher Network a decentralized trust infrastructure provider for autonomous AI agents.

Decentralized Finance (DeFi)
Series UnknownJul 4, 2025
Amount Raised: $7,000,000
Tarta Labs

Singapore, Central Region, Singapore

Tarta Labs is transforming anime IP by integrating AI-powered creation, interactive gaming, and decentralized ownership

ComputerGamingOnline Games
Pre SeedMar 25, 2025
Amount Raised: $4,500,000
MYX

Singapore, Central Region, Singapore

MYX is a crypto derivatives protocol.

CryptocurrencyIntelligent SystemsRisk Management
SeedMar 8, 2025
Amount Raised: $5,000,000
Inferix Labs

Singapore, Central Region, Singapore

Inferix Labs is ​​a decentralized GPU network that provides GPU visual computing solutions dedicated to 3D/AR/VR rendering and AI inference.

Artificial Intelligence (AI)BlockchainGPU
SeedDec 19, 2024
Amount Raised: $2,600,000
Lava

Wilmington, Delaware, United States

Lava is a bitcoin lending platform that offers a self-custodial wallet for managing bitcoin finances.

BitcoinFinancial ServicesLending
Series ADec 9, 2024
Amount Raised: $10,000,000
StakeStone

Singapore, Central Region, Singapore

StakeStone is an omnichain liquidity infrastructure used to optimize crypto staking and asset management.

Asset ManagementBlockchainCryptocurrencyEthereumInformation Technology
SeedNov 11, 2024
Amount Raised: $22,000,000
Mento Labs

Berlin, Berlin, Germany

Mento Labs is a decentralized EVM platform for launching and managing multi-currency stable assets.

Asset ManagementBlockchainCryptocurrency
Series UnknownOct 16, 2024
Amount Raised: $10,000,000

Yala is a Bitcoin-based asset protocol designed to channel Bitcoin liquidity into multiple ecosystems.

BitcoinBlockchainCryptocurrencyDecentralized Finance (DeFi)
SeedOct 10, 2024
Amount Raised: $8,000,000
Huma Finance

San Francisco, California, United States

The First PayFi Network. Huma powers financing of global payments, with instant access to liquidity anywhere, anytime.

BlockchainCreditFinanceLending
Series UnknownSep 11, 2024
Amount Raised: $10,000,000
Fanton

Yafo, Tel Aviv, Israel

Fanton is a football genre that has been integrated into the Telegram app.

CryptocurrencyDigital EntertainmentGamingMobile Apps
SeedAug 21, 2024
Amount Raised: $1,000,000