HashKey Group, a Hong Kong-based digital asset financial services firm, has announced plans to launch Asia’s largest multi-currency vehicle for bridging traditional finance and crypto.

The firm said Monday the fund would serve as an “institutional bridge between traditional financial capital and on-chain assets,” with a raise targeted to exceed $500 million for the first phase.

Structured as a perpetual vehicle, the DAT fund allows ongoing subscriptions and redemptions while channeling capital into both assets and ecosystem development.

HashKey said the model gives institutions a compliant way to participate in crypto markets and also directs resources toward public chains like Ethereum, creating what it described as a flywheel of inves

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Author: Vince Dioquino