
Hashkey Exchange
Description
HashKey Capital, a core venture capital arm of the broader HashKey Digital Asset Group, is a prominent investor in the global blockchain and digital asset ecosystem. While the user query specifically mentioned "Hashkey Exchange," it is HashKey Capital that primarily handles the group's venture investments, leveraging the broader group's expertise and regulatory insights. Based in Hong Kong, HashKey Capital has established itself as a multi-stage investor, with a strong emphasis on early-stage projects that are building foundational infrastructure, decentralized finance (DeFi) protocols, non-fungible token (NFT) platforms, and metaverse applications.
The firm adopts a long-term investment strategy, seeking out innovative teams and technologies that have the potential to drive significant adoption and transformation within the Web3 space. Their investment thesis is deeply rooted in understanding the evolving regulatory landscape and technological advancements in the digital asset sector. HashKey Capital actively supports its portfolio companies with strategic guidance, industry connections, and operational expertise, aiming to foster their growth from nascent ideas to market-leading solutions.
HashKey Capital manages several funds, including a notable third crypto fund that aimed to raise between $100 million and $200 million, demonstrating their significant capital deployment capabilities. This fund, like its predecessors, targets promising ventures across the blockchain spectrum. Typically, HashKey Capital's initial investment checks range from $500,000 to $10 million, depending on the stage of the company and the specific opportunity. Their extensive portfolio includes well-known names such as Polkadot, Cosmos, Animoca Brands, and dYdX, showcasing their ability to identify and back successful ventures.
The firm's unique position, being part of a group that operates a licensed digital asset exchange (HashKey Exchange) and other regulated financial services, provides them with unparalleled market insights and a robust network. This allows HashKey Capital to offer more than just capital, providing strategic value that is crucial for blockchain startups navigating complex regulatory environments and rapidly evolving markets. Their commitment to fostering innovation and building a sustainable digital asset future solidifies their reputation as a key player in the venture capital landscape.
Investor Profile
Hashkey Exchange has backed more than 77 startups, with 0 new investments in the last 12 months alone. The firm has led 7 rounds, about 9% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Singapore, Switzerland.
- Strong thematic focus on Blockchain, Cryptocurrency, Web3.
- Typical check size: $500K – $10M.
Stage Focus
- Seed (47%)
- Series A (19%)
- Series Unknown (14%)
- Initial Coin Offering (9%)
- Series B (4%)
- Series C (3%)
- Undisclosed (1%)
- Pre Seed (1%)
- Corporate Round (1%)
Country Focus
- United States (51%)
- Singapore (17%)
- Switzerland (6%)
- Hong Kong (5%)
- China (3%)
- Japan (3%)
- Cayman Islands (1%)
- Taiwan (1%)
- Israel (1%)
- Vietnam (1%)
Industry Focus
- Blockchain
- Cryptocurrency
- Web3
- Financial Services
- Fintech
- Software
- Information Technology
- Internet
- Bitcoin
- Decentralized Finance (Defi)
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.