Hong Kong’s Hashkey Group announces a $500 million Digital Asset Treasury fund, aiming to accelerate Web3 development and mainstream crypto adoption through investments in Ethereum and Bitcoin-focused projects.
Hong Kong Exchange Unveils Ambitious Crypto Fund
Hashkey Group, Hong Kong’s largest licensed cryptocurrency exchange, has announced plans to launch its first Digital Asset Treasury (DAT) fund with an initial target size of $500 million.
The fund will adopt a multi-currency approach, focusing on public companies accumulating digital assets to benefit from rising token prices and a more favourable regulatory climate.
The concept has gained momentum in 2025, inspired by a US-based software company that began accumulating bitcoin in 2020. That firm now holds over $63 billion worth of cryptocurrency, according to figures reported in June.
A Growing Trend in Corporate Bitcoin Holdings
Standard Chartered estimates that businesses following this strategy—dubbed “Strategy copycats”—have collectively amassed nearly 100,000 bitcoins. This growing corporate interest has reinforced the case for treasury-style funds targeting cryptocurrency.
Hashkey believes its approach will not only generate strong returns but also contribute to the broader adoption and standardisation of digital assets. In a company statement, it said the initiative is intended to “advance crypto asset standardisation and accelerate the development of a sustainable Web3 ecosystem.”
Ethereum and Bitcoin Take Centre Stage
The new fund will concentrate on building a diversified portfolio by initiating and investing in DAT projects focused on leading crypto assets, particularly those linked to Ethereum and Bitcoin.
“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,” the company said.
The group emphasised that its global investment and operations strategy will prioritise “top-tier” projects capable of shaping the next generation of blockchain adoption.
Accelerating the Web3 Future
Web3, a decentralised vision of the internet built on blockchain technology, is a central part of Hashkey’s strategy. By allocating significant capital to its DAT fund, the exchange aims to position itself at the forefront of technological transformation in global finance.
The launch also signals Hong Kong’s rising profile as a hub for crypto innovation, particularly at a time when global regulatory conditions are shifting.
With its $500 million target, Hashkey’s treasury fund underscores how major financial players are betting on digital assets not only as speculative holdings but as core drivers of the next phase of the internet economy.
