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Usha Yadav
Sep 13, 2022
by Usha Yadav

HashKey Receives Approval To Manage 100% Crypto Portfolio  

HashKey

Table of contents

  1. Launch Of New Blockchain Fund
  2. HashKey Group Created Ecosystem
HashKey Capital Limited of Hong Kong said it had obtained a Type 9 asset management license from the Securities and Futures Commission (SFC) of Hong Kong, enabling it to manage portfolios entirely of cryptocurrencies.

Launch Of New Blockchain Fund

HashKey Group launched a $360 million new blockchain fund earlier this year, and it has since made investments in well-known projects, including the Polkadot blockchain and the decentralized exchange dYdX.

"Proforma Terms and Conditions for Licensed Corporations who Manage Portfolios that Invest in Virtual Assets" was released by the SFC in October 2019. The document explains the operational and legal compliance standards it expects of asset managers looking to broaden the scope of their business to include investing in virtual assets.

HashKey Group Created Ecosystem

The HashKey Group has consistently insisted on adhering to and honoring local jurisdictional laws in keeping with its worldwide ambition. It has thus gradually created an ecosystem that links Web3 business owners, programmers, communities, and decision-makers who are all committed to building a just and sustainable environment that will foster the long-term development of the blockchain and cryptocurrency industries.

Since its founding, HashKey Capital has invested more than $1 billion in client assets exclusively in blockchain technology and digital assets. Its goal is to connect Web2 and Web3 while bridging the gap between crypto and the mainstream. It is one of the most prominent crypto funds based in Asia and is renowned for being Ethereum's first corporate investor in the area.

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Crypto Portfolio Securities and Futures Commission HashKey
HashKey Receives Approval To Manage 100% Crypto Portfolio  
Usha Yadav
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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