Hong Kong-based crypto exchange HashKey has launched a new fund, the $500 million Digital Asset Treasury Fund (DAT), to address increasing regulatory scrutiny in the region. The move follows the introduction of stricter licensing requirements for stablecoin issuers, signaling both heightened barriers to entry and government commitment to oversight. This strategy distinguishes DAT from speculative crypto funds as it combines Bitcoin and Ethereum exposure with tokenized stablecoins, ETFs, and other blockchain-based securities. HashKey aims to achieve a balance between growth and stability while offering flexible subscriptions and redemptions for treasurers, empowering them to effectively manage liquidity. 🤝