Difference between revisions of "Hashkey Capital"

Latest revision as of 07:15, 24 June 2024

Basics

Hong Kong based (1-2023)

HashKey Chain

HashKey Group, an Asia-based cryptocurrency financial services firm, is officially listing its platform token, HSK, in the third quarter of this year, with a community airdrop expected later this month (18-6-2024):

"HSK is a token designed to be based on the ERC-20 standard, with a total supply of one billion units, according to the statement. HashKey added that about 65% of the supply would be allocated for ecosystem growth, 30% to the staff and 5% to a reserve fund. When it comes to the token’s burning mechanism, HashKey said it plans to have the discretion to purchase an amount of HSK up to 20% of net profits generated from specified HashKey businesses and then burn the acquired HSK from the token’s supply. HSK will incentivize ecosystem contributors to HashKey's L2 ‘Ecosystem Chain,’ HashKey Chain."

Investments

HashKey Capital has raised another $500 million for investments in the Web3 ecosystem. HashKey’s fund, “FinTech Investment Fund III” (Fund III), received commitments from a range of institutional investors, “including sovereign wealth funds, corporations, and family offices,” per an announcement from HashKey (17-1-2023). HashKey has managed over $1 billion in client assets since launching in 2018.
Acala
AltLayer; part of the second round in 2 months of $14.4M (19-2-2024).
Avail; part of the $43 million in its Series A funding round (4-6-2024)
Aztec; part of their Series B $100M raise (16-12-2022).
Babylon; part of their $70M pre-launch round (30-5-2024).
BeraChain; part of the Series B $100M (12-4-2024).
BlockFi
BlockPI; part of their $3M seed round (28-1-2022).
Blockstack
Braintrust; according to this thread (8-2021).
Casper
Catalyst; participated in their $4.2M seed raise (26-4-2023).
ChainSafe; took part in the Series A of $18.75M (18-10-2022)
Decrypt; is one of the 22 investors in Decrypt (28-6-2022).
dYdX
Evmos; took part in their $27M token sale (2-11-2022)
The Graph
Insurace
INTMAX; part of their $5M seed round (13-3-2023).
Lava Network; part of the $15M seed raise (15-2-2024).
Mask Network
Nym; part of their $300M Privacy-Centric 'Innovation Fund'
Opium Protocol
Polkadot
Secret Network
WalletConnect; part of their $12.5M raise (2-11-2022).
Zenlink

Team

Deng Chao; CEO
Wanxiang Labs; strategic partner
In January 2024, HashKey Group announced that it raised nearly $100 million in its Series A financing round at a pre-money valuation above $1.2 billion.

@@ Line 2: / Line 2: @@
 * Hong Kong based ([https://decrypt.co/119398/crypto-investor-hashkey-capital-raises-500-million-for-web3-fund 1-2023])
+== HashKey Chain ==
+*HashKey Group, an Asia-based cryptocurrency financial services firm, is [https://www.theblock.co/post/300569/hashkey-token-airdrop officially listing] its platform token, HSK, in the third quarter of this year, with a community airdrop expected later this month (18-6-2024):
+''"HSK is a token designed to be based on the [[ERC-20]] standard, with a total supply of one billion units, according to the statement. HashKey added that about 65% of the supply would be allocated for ecosystem growth, 30% to the staff and 5% to a reserve fund. When it comes to the token’s burning mechanism, HashKey said it plans to have the discretion to purchase an amount of HSK up to 20% of net profits generated from specified HashKey businesses and then [[Burn Mechanisms|burn]] the acquired HSK from the token’s supply. HSK will incentivize ecosystem contributors to HashKey's L2 ‘Ecosystem Chain,’ HashKey Chain."''
 == Investments ==
@@ Line 7: / Line 11: @@
 * HashKey Capital has raised another [https://decrypt.co/119398/crypto-investor-hashkey-capital-raises-500-million-for-web3-fund $500 million] for investments in the [[Web3]] ecosystem. HashKey’s fund, “FinTech Investment Fund III” (Fund III), received commitments from a range of institutional investors, “including sovereign wealth funds, corporations, and family offices,” per an announcement from HashKey (17-1-2023). HashKey has managed over $1 billion in client assets since launching in 2018.
 *[[Acala (ACA)|Acala]]
+*[[AltLayer (ALT)|AltLayer]]; part of the [https://twitter.com/alt_layer/status/1759539340164706520 second round] in 2 months of $14.4M (19-2-2024).
+*[[Avail]]; part of the $43 million in its [https://x.com/AvailProject/status/1797978214284808610 Series A] funding round (4-6-2024)
 *[[AZTEC Protocol|Aztec]]; part of their [https://medium.com/aztec-protocol/aztec-raises-100-million-to-build-encrypted-ethereum-dd5062ba949c Series B $100M] raise (16-12-2022).
-* [[BlockFi]]
+* [[Babylon]]; part of their [https://x.com/babylon_chain/status/1796171723471258091 $70M pre-launch] round (30-5-2024).
+*[[Berachain (BERA)|BeraChain]]; part of the [https://twitter.com/berachain/status/1778776309927191012 Series B $100M] (12-4-2024).
+*[[BlockFi]]
 * [[BlockPI]]; part of their [https://medium.com/@blockpi/announcing-our-3m-seed-round-2b7d54da17fa $3M seed round] (28-1-2022).
 *[[Blockstack (STX*)|Blockstack]]
@@ Line 21: / Line 29: @@
 * [[InsurAce (INSUR)|Insurace]]
 * [[INTMAX]]; part of their $5M seed round (13-3-2023).
+*[[Lava Network]]; part of the [https://twitter.com/lavanetxyz/status/1758162588381405563 $15M] seed raise (15-2-2024).
 *[[Mask Network (MASK)|Mask Network]]
 * [[Nym (NYM)|Nym]]; [https://decrypt.co/202861/andreessen-horowitz-backs-nym-300m-privacy-centric-innovation-fund part] of their $300M Privacy-Centric 'Innovation Fund'
@@ Line 33: / Line 42: @@
 * [[Deng Chao]]; CEO
 * Wanxiang Labs; strategic partner
+*In January 2024, HashKey Group announced that it [https://www.theblock.co/post/272745/hong-kongs-hashkey-secures-100-million-in-series-a-round-at-1-2-billion-valuation raised] nearly $100 million in its Series A financing round at a pre-money valuation above $1.2 billion.
 [[Category:Investment Fund]]