HashKey, one of Hong Kong’s first licensed cryptocurrency exchanges, has announced the creation of a $500 million fund aimed at investing in digital asset treasury companies. This bold move comes amid growing institutional interest in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), and reflects a broader shift in how companies manage their corporate treasuries.
A Bridge Between Traditional Finance and On-Chain Assets
According to HashKey, the fund is intended to act as an institutional bridge between traditional financial capital and blockchain-based assets. The company aims to promote standardized and professional asset management practices within the digital economy, helping to legitimize crypto exposure for traditional investors.
HashKey plans to build a diversified investment portfolio centered around leading cryptocurrencies, beginning with a strong focus on BTC and ETH. The fund targets firms that are adopting or building treasury strategies centered on digital assets — a growing trend inspired by Michael Saylor’s MicroStrategy, which now holds over 600,000 BTC in its reserves.
Growing Trend of Corporate Crypto Treasury Strategies
HashKey’s initiative follows in the footsteps of several other firms embracing crypto for their treasuries. BitMine, a crypto mining company, and SharpLink Gaming, a sports betting firm, have both made strategic moves to incorporate Bitcoin and Ethereum into their financial reserves. These companies aim to align with increasing institutional demand for long-term crypto exposure.
With its $500 million fund, HashKey is not just capitalizing on a trend — it’s actively shaping the next phase of crypto adoption. As more businesses look for ways to integrate digital assets into their balance sheets, this fund could serve as a crucial entry point for traditional capital seeking exposure to the blockchain economy.
