HashKey Launches $500M Digital Asset Treasury Fund for Institutional Investors in Hong Kong

HashKey Group, a Hong Kong-based financial institution, has launched a $500 million investment fund dedicated to digital asset treasuries (DATs). The fund’s initial focus is on Bitcoin and Ether’s price performance, with the goal of capitalizing on their volatility. Unlike passive ETFs, HashKey’s fund aims to invest in companies that employ DAT strategies and is designed for institutional-only access, allowing for regular subscriptions and redemptions.