-640x358.jpg&w=1200&q=75)
HashKey Capital has confirmed the first close of its fourth crypto-focused investment vehicle, securing $250 million in commitments from investors.
The fund, named HashKey Fintech Multi-Strategy Fund IV, attracted capital from a mix of institutional investors, family offices and high-net-worth individuals.
HashKey Capital said the initial close positions the fund firmly on track to reach its targeted final size of $500 million in assets under management.
The firm stated that Fund IV will adopt a multi-strategy approach across the global blockchain and digital asset ecosystem.
Investment priorities include blockchain infrastructure, scalable technology platforms and use cases designed for mass adoption.
HashKey Capital said the strategy is intended to support long-term innovation rather than short-term speculative activity.
The fund launch comes despite ongoing volatility across cryptocurrency markets and tighter liquidity conditions.
Continued institutional interest reflects growing confidence in the long-term value of blockchain technology.
Executives said.