HashKey Capital Secures $250 Million in First Close of New Blockchain Fund Targeting $500 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 24 2025- Significant Fundraising: On December 24, 2025, HashKey Capital announced the first closing of its HashKey Fintech Multi-Strategy Fund IV at $250 million, marking one of the larger capital raises in the crypto space recently, indicating a resurgence of long-term confidence in blockchain infrastructure.
- Flexible Investment Strategy: The fund employs a multi-strategy investment model that blends public market exposure with selective private investments, aiming to capture growth potential from both established tokens and early-stage blockchain companies, thereby maintaining flexibility across market cycles while achieving returns.
- Focus on Emerging Markets: A meaningful portion of the capital is expected to be deployed in emerging markets, which HashKey Capital identifies as key proving grounds for blockchain adoption due to their limited legacy financial infrastructure and high mobile payment penetration, likely driving early adoption trends on a global scale.
- Strong Institutional Backing: The first close attracted a diverse mix of global institutional investors, family offices, and high-net-worth individuals, underscoring the appeal of HashKey's strategy across various risk profiles and geographies, while the firm's previous fund's 10x DPI ratio likely enhanced its ability to attract fresh capital.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
