HashKey Capital's fourth fund has completed its first round of fundraising, raising $250 million.

On December 24th, HashKey Capital, a leading investment firm in the digital asset and blockchain sector, announced the successful completion of its first round of fundraising for its fourth multi-strategy fund (Fund IV), raising $250 million, exceeding initial expectations. The fund's ultimate asset management target is $500 million, and the closing of the first round marks its official launch.

The general partner of Fund IV is HashKey Capital Investment, an investment entity under HashKey Capital. The fund will continue to adhere to HashKey Capital's global blockchain strategy, focusing on investing in next-generation blockchain infrastructure and projects with large-scale application potential, covering a comprehensive investment strategy from primary to secondary markets.

HashKey Capital has a long-standing focus on value investing in the blockchain and cryptocurrency industry, currently managing over $1 billion in client assets. Its track record is outstanding; its first fund delivered over 10 times the distribution per unit (DPI) to investors, demonstrating excellent fund management and exit capabilities.

The establishment of this new fund further solidifies HashKey Capital's leading position in blockchain investment and reflects institutional investors' continued optimism about the long-term development trend of blockchain. Against the backdrop of accelerated integration of the global digital economy, Fund IV will leverage a diversified strategy to help promote the large-scale application and industrial innovation of blockchain technology. (Source: PANews)