HashKey to Launch $500 Million Digital Treasury Fund Amid Rising Corporate Crypto Adoption

Hong Kong’s Largest Licensed Exchange Announces Bold Move

Hong Kong-based HashKey Group, the city’s largest licensed cryptocurrency exchange, has revealed plans to launch its first HashKey $500 million fund. The new initiative, formally called the Digital Asset Treasury (DAT) focused fund, will target an initial size of $500 million.

This marks an ambitious step by a regulated Asian exchange to position itself at the center of the growing trend of corporate crypto accumulation.

What Is the Digital Asset Treasury Strategy?

The DAT strategy involves public companies accumulating crypto assets to benefit from higher token prices and favorable regulation. The approach gained global attention after U.S.-based software firm MicroStrategy began acquiring Bitcoin in 2020.

Today, MicroStrategy holds more than $63 billion in cryptocurrency. Inspired by its success, many companies have followed suit. According to Standard Chartered, these “strategy copycats” collectively own nearly 100,000 Bitcoin, showcasing the momentum behind corporate treasury crypto investments.

HashKey’s Role in Shaping Asia’s Crypto Future

With the launch of the HashKey $500 million fund, the company aims to replicate and adapt the DAT playbook for Asia. By investing in and operating top-tier DAT projects worldwide, HashKey says it will accelerate the standardisation of crypto assets and support the development of a sustainable Web3 ecosystem.

In its official statement, HashKey explained:
“HashKey will build a diversified portfolio by initiating and investing in a range of DAT projects focused on mainstream crypto assets, with an initial emphasis on Ethereum and Bitcoin ecosystem projects.”

Why Now?

HashKey’s timing is no accident. Crypto markets have rallied strongly in 2025, with Bitcoin and Ethereum showing renewed momentum after years of volatility. At the same time, regulators in key Asian hubs are softening their stance on digital assets.

Therefore, the HashKey $500 million fund is well-placed to attract institutional capital seeking exposure to crypto markets through regulated structures. Moreover, the move aligns with Hong Kong’s ambition to become a digital asset hub, balancing innovation with investor protection.

Corporate Demand Is Rising

Corporate treasuries worldwide are under pressure to diversify beyond cash and bonds, especially as inflation and rate fluctuations weigh on traditional strategies. Many now view Bitcoin and other digital assets as long-term hedges.

HashKey’s DAT fund aims to meet that demand. By providing an institutional-grade vehicle, it offers companies and investors a regulated way to gain exposure without managing direct custody or navigating fragmented markets.

Potential Risks and Challenges

Despite its promise, the HashKey $500 million fund faces challenges. Crypto assets remain highly volatile, and sudden downturns could hit portfolio values. Additionally, the regulatory landscape, while softening, continues to evolve, and unexpected policy shifts may affect investor sentiment.

Furthermore, critics argue that copying the MicroStrategy playbook could expose firms to over-concentration risks. Still, HashKey’s diversified strategy across multiple ecosystems may mitigate some of these concerns.

The Bigger Picture

If successful, the fund could accelerate institutional crypto adoption in Asia and establish Hong Kong as a hub for corporate treasury innovation. For HashKey, the initiative strengthens its reputation as a bridge between traditional finance and the decentralized economy.

More broadly, it highlights how Web3 adoption is no longer confined to startups and retail investors. Instead, publicly listed firms and regulated exchanges are now leading the charge, setting the stage for a new wave of mainstream crypto participation.

Conclusion

The announcement of the HashKey $500 million fund signals a major step in the evolution of corporate crypto strategies. By combining regulated structures with the growing demand for Bitcoin , HashKey is positioning itself at the forefront.

BitcoinCryptoAdoptionCryptoNewsEthereumHashKeyHongKongFinanceweb3