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Hash Global

HKCNSGAEOtherAI/MLFintechDeep TechDevtoolsMarketplacesB2B SaaSOther

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Investment thesis

Hash Global is dedicated to applying value investing principles to the Web3 space, focusing on: (1) global Chinese founder teams, and (2) early-stage blockchain projects that bridge Web2 and Web3. The firm has invested in over 80 Web3 enterprises across seven tracks — including infrastructure, Web3 social, Web3 finance, NFT & creator economy, Web3 data, DAO & new business models, and metaverse & gaming — with AUM exceeding $200 million across primary and secondary market funds. Beyond capital, Hash Global operates five business engines: a secondary market token fund, primary market venture investing, Web3 business co-building and incubation (via HG Labs), RWA (Real World Asset) on-chain solutions primarily leveraging the BNB Chain ecosystem, and a Web3 community network for Chinese-speaking entrepreneurs. The firm positions itself as a full-path institutional gateway into Web3, from asset allocation and ecosystem deployment to on-chain issuance and liquidity distribution.

Notable quotes

BNB's institutionalization should not be viewed merely as portfolio inclusion, but as a structural alignment between capital and ecosystem development. The ecosystem co-building model is the defining feature that differentiates BNB from other digital assets. The additional $100 million strategic commitment from YZi Labs further confirms that BNB is developing a distinctive institutional paradigm.

James SHEN (KK) · Hash Global press release / LinkedIn (March 3, 2026) · 2026-03-03

We have invested in more than 80 Web3 enterprises, many of which are applications and growing users on BNB Chain and within the YZi Labs ecosystem. By holding BNB, they share the value. We look forward to the catalytic role of traditional capital.

James SHEN (KK) · YZi Labs / Hash Global BNB Yield Fund announcement (September 2, 2025) · 2025-09-02

Hash Global is building a global 'On-chain Issuance & Distribution' loop, leveraging BNB's 24/7 infrastructure to bridge institutional capital with high-quality tokenized assets.

James SHEN (KK) · Asian Private Banker interview via KGI / Hash Global LinkedIn (February 6, 2026) · 2026-02-06

Team

Alex GU

Technical Partner

DevtoolsDeep TechOther

Doris ZHOU

Operations Partner

Other

Henry YANG

Investment Partner - Secondary Markets

FintechOther

James SHEN (KK)

Founder, CFA

FintechDeep TechAI/MLOther

Jensen WANG

Investment Partner - Primary Markets

B2B SaaSDevtoolsDeep TechOther

Ray Rui XU

Managing Director

Other

Recent investments

CompanyRoundSizeDate
Renaiss ProtocolSeed$2m2026-06-18
Primus Labs (prev. PADO)Seed$7m2025-02-20
PharosSeed$8m2024-11-08
RD TechnologiesSeries A$8m2024-09-30
WSPNSeed$30m2024-08-16
ChainbaseSeries A$15m2024-07-18
0xScopeSeries A$5m2024-01-16
DeBankSeries A$25m2021-12-28
TaikoSeries A$15m2024-03-01
Mask NetworkSeed

Frequent co-investors

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