VC

Investor profile

HashKey Capital logo

HashKey Capital

HKSGUSCNJPAEAUGBDEOtherFintechDeep TechAI/MLB2B SaaSMarketplacesOther

See how your deck fits this investor's thesis, stage, and ticket size.

Analyse your fit

Investment thesis

HashKey Capital is an institutional asset manager that exclusively invests in blockchain technology and digital assets, deploying capital across the full blockchain ecosystem — including public chains, protocols, DeFi applications, CeFi infrastructure, and crypto finance providers. The firm operates regulated venture and liquid fund strategies under Hong Kong's Type 9 asset management licence and Singapore's capital markets framework, bridging institutional capital with the Web3 economy across Asia and globally. HashKey Capital's venture strategy focuses on infrastructure (Layer 1/Layer 2 blockchains, wallets, privacy, modular blockchains), DeFi (DEXs, lending, derivatives, insurance), and emerging verticals such as gaming, RWA tokenisation, and AI-driven on-chain applications. The firm prefers early-stage bets (seed and Series A represent ~73% of disclosed rounds) while retaining the flexibility to participate in large growth rounds through its multi-strategy fund vehicles, targeting projects with strong teams, clear token economics, and mass-adoption potential globally.

Notable quotes

Crypto and blockchain can be seen as disruptive innovations that solve real-world problems. These technologies have the potential to bring big efficiency leaps across different industries, such as the financial industry, internet, and gaming, and create massive network effects. This is what creates asymmetric opportunities and drives so much investment appetite in the crypto space.

Deng Chao · Nasdaq / TipRanks interview · 2023-01-23

Crypto is poised for a breakout period, fuelled by supportive U.S. policies, AI-driven innovation, and the evolving role of digital assets in portfolios. At HashKey Capital, we are committed to empowering institutions and retail investors alike as they navigate this transformative era.

Jupiter Zheng · ARK Black and Diamond Client Summit, HashKey Capital news · 2025-01-21

We see untapped demand from professional investors who wish to chase above-market alpha in crypto.

Jupiter Zheng · Reuters / ThePrint interview on HashKey liquid fund launch · 2023-11-01

Recent investments

CompanyRoundSizeDate
SignalPlusSeries B$11m2025-01-24
KeplrSeed$5m2025-01-22
Plume NetworkSeries A2024-01-01
CelestiaSeed2022-01-01
dYdXSeries B2021-01-01
Animoca BrandsSeries A2020-01-01
FalconXSeries B2021-01-01
Aztec NetworkSeed2021-01-01
Mask NetworkSeed2020-01-01
The BlockSeries A2021-01-01

Frequent co-investors

Fit check

Is HashKey Capital a match for your startup?

Upload your deck and get an instant AI-powered fit analysis — see exactly how your startup aligns with this investor's thesis, stage focus, and ticket size.

Analyse your fit