Crypto Exchange HashKey Unveils $500 Million Fund for Digital Assets
HashKey, a regulated crypto exchange in Hong Kong, plans to establish a $500 million fund aimed at investing in digital asset treasury companies. Key points include:
- The fund will focus on mainstream cryptocurrencies, particularly bitcoin and ether.
- The objective is to create an institutional bridge between traditional finance and on-chain assets.
- This move follows a trend among publicly listed companies building crypto treasuries, inspired by Michael Saylor's strategy with MicroStrategy.
- Other firms, such as BitMine and SharpLink Gaming, are also acquiring substantial amounts of ether.