In a groundbreaking move, HashKey Group is poised to unveil what it describes as Asia’s most extensive multi-currency Digital Asset Treasury (DAT) ecosystem fund, setting an ambitious initial fundraising goal of over $500 million.
The planned fund will offer a flexible structure allowing for regular subscriptions and redemptions. It will primarily target investments in projects related to leading blockchain platforms like Ethereum and Bitcoin.
Focus on Institutional Partnerships
As detailed in their public announcement, the fund aims to establish a well-diversified portfolio by strategically investing in top-tier digital asset technology worldwide.
The objective is to create a robust link between traditional finance and the world of crypto assets, with a specific focus on mainstream digital currencies such as ETH and BTC.
HashKey Group Initiates #DAT Initiative: Bridging Traditional Finance with #Crypto
Launching Asia’s largest multi-currency Digital Asset Treasury (DAT) fund — targeting over $500M and focusing on mainstream crypto assets with key emphasis on $ETH and $BTC… pic.twitter.com/dZxsBEUFDw
— HashKey Group (@HashKeyGroup) September 8, 2025
HashKey’s Involvement in Project Development
According to various reports, HashKey plans a hands-on role not just as a financier but also as an active participant in managing DAT-related projects and contributing to broader industry initiatives.
They envision a synergistic cycle where capital investment, ecosystem engagement, market capitalization, and liquidity creation constantly interact and evolve. This integrated model combines investment strategies with operational guidance.
Fund Structure and Operations
The fund is characterized as perpetual, meaning it will not have a set closing date and will facilitate continuous liquidity through investor subscriptions and redemptions.
By contrast to typical ETF offerings, HashKey asserts that the DAT model is tailored to the round-the-clock, high-volatility landscape of cryptocurrency markets, blending traditional investment principles with blockchain technology.
This innovative structure is particularly appealing to institutional investors seeking a more active role in the crypto market compared to conventional passive ETF alternatives.
Solid Track Record Supports Initiatives
The announcement counted on HashKey’s extensive presence in the Ethereum ecosystem over the last ten years, highlighting their substantial portfolio: HashKey Capital has invested in more than 600 blockchain and cryptocurrency companies globally, with over 400 projects centered in the Ethereum environment.
Moreover, HashKey Chain, established just eight months prior, reportedly manages a total of $173 million in on-chain assets. The firm also noted that HashKey Exchange was an early player in launching digital asset spot ETFs on the Hong Kong Stock Exchange.
Additionally, HashKey Cloud offers comprehensive node services, and its annual HK Web3 Festival stands out as a premier event in the regional industry calendar.
Regulatory Landscape and Market Timing
Reports indicate that on September 4, 2025, Nasdaq increased scrutiny on the cryptocurrency activities of its listed companies.
HashKey positioned the DAT initiative as an avenue for on-chain ecosystems to navigate towards enhanced compliance and greater access to the global market as regulatory frameworks become clearer.
This strategy targets institutional clients who are weighing regulatory challenges against potential returns on investment.
Featured image courtesy of SCMP, chart sourced from TradingView
