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HaskKey Capital, a digital asset financial services and products firm, offered plans to originate a liquid digital assets fund regulated by the Hong Kong Securities and Futures Price (HK SFC) on September 1. HashKey is aiming to elevate no longer less than $100 million for the commence-ended fund, which is ready to focal point totally on virtual assets, a HashKey advisor told CoinDesk.
The liquid assets fund comes after Hong Kong reemerged as one among the world crypto hub due to the creation there of a digital asset regulatory building. The fresh fund will furthermore commence less than 9 months after the discontinuance of the HashKey FinTech Funding Fund III with $500 million in dedicated capital from institutional investors, including household offices and sovereign wealth funds. Bloomberg reported in Could perchance that HashKey became once taking a secret agent to elevate between $100 million and $200 million at a $1 billion valuation, citing sources wide awake of the matter.
The liquid assets fund comes after Hong Kong reemerged as a world crypto hubs due to the creation of a digital asset regulatory building. The fresh fund will furthermore commence less than 9 months after the discontinuance of the HashKey FinTech Funding Fund III with ent portfolio that’s totally made up of digital assets.a
