HashKey Capital Raises $250 Million for Fourth Crypto Fund, Targets $500 Million

HashKey Capital’s fourth crypto fund secures $250M in its first close and targets a $500M final close, investing across public and private markets in blockchain infrastructure.

Rich by Coin

2025-12-24

HashKey Capital, the asset-management arm of HashKey Holdings, disclosed the first close for its fourth crypto fund, securing $250 million from institutional investors, family offices, and high-net-worth individuals. The vehicle, named HashKey Fintech Multi-Strategy Fund IV, seeks a final close of $500 million. According to the firm, the fund will allocate capital across both public and private markets, backing blockchain infrastructure and applications that support real-world and scalable use cases.

The fund is positioned to back blockchain infrastructure and applications with practical, scalable use cases, reflecting HashKey’s approach to investing across both public and private markets. HashKey Capital intends to continue growing its crypto portfolio by targeting a total raise of $500 million, underscoring demand for diversified strategies within the crypto and fintech ecosystem.