Hong Kong’s $500M HashKey Fund: How DATs could redefine BTC and ETH treasuries

HashKey Group, based in Hong Kong, has launched a $500-million Digital Asset Treasuries (DAT) fund, indicating a pivotal moment in corporate finance as cryptocurrencies gain mainstream acceptance. DATs involve holding digital assets like Bitcoin and Ether in corporate balance sheets, transforming cash and bond strategies. The fund, focusing on the two leading cryptocurrencies, aims to create a diversified portfolio in the global DAT landscape while supporting the development of the Web3 ecosystem. Factors fueling the rise of DATs include evolving regulations, strong cryptocurrency performance, and increasing institutional demand for exposure to digital finance. However, organizations face risks such as volatility, liquidity challenges, and regulatory uncertainties. HashKey seeks to mitigate these risks by implementing robust infrastructure, promoting diversification, adhering to regulatory frameworks, and ensuring transparent reporting. This strategic approach aims to establish a sustainable model linking institutional capital with digital asset treasuries.

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