HashKey Group, Hong Kong’s largest licensed crypto exchange, has announced the launch of its first Digital Asset Treasury (DAT) fund, targeting an initial size of $500 million. The move underscores Hong Kong’s growing ambition to establish itself as a global hub for digital assets and Web3 innovation.
What Is the Digital Asset Treasury (DAT) Strategy?
The DAT strategy involves public companies accumulating cryptocurrency assets to take advantage of rising token prices and a more favorable regulatory environment.
The strategy gained significant traction this year, inspired by U.S.-based Strategy, a software company that began buying Bitcoin in 2020 and now holds more than $63 billion in crypto assets as of June 2025.
According to Standard Chartered, firms emulating this approach collectively hold nearly 100,000 Bitcoin, signaling a rising institutional appetite for digital assets.
HashKey’s Investment Focus
In a statement, HashKey confirmed its intention to:
- Build a diversified portfolio by initiating and investing in top-tier DAT projects globally.
- Prioritize Ethereum and Bitcoin ecosystem projects at the fund’s inception.
- Promote crypto asset standardization to enhance market maturity.
- Support the development of a sustainable Web3 ecosystem.
The company emphasized that the fund will target mainstream cryptocurrencies and projects that align with long-term industry growth.
Driving Web3 Growth in Asia
Web3, the next evolution of the internet, is decentralized and powered by blockchain technology. By channeling significant capital into Web3 initiatives, HashKey aims to strengthen Asia’s position as a leader in the digital economy.
The fund is expected to accelerate innovation, attract institutional investors, and provide a regulated pathway for companies to diversify their balance sheets with crypto assets.
Conclusion
With its $500 million Digital Asset Treasury fund, HashKey Group is setting a new benchmark in Hong Kong’s crypto sector. By focusing on Bitcoin, Ethereum, and Web3 ecosystem projects, the exchange aims to fuel the next wave of digital asset adoption and strengthen its role as a pioneer in the region’s crypto and blockchain landscape.
