HashKey Capital’s fourth fund completes its first round of fundraising, raising $250 million

2025-12-262025-12-24 by admin

BlockBeats news, on December 24, HashKey Capital announced the completion of the first round of fundraising for its fourth fund, the HashKey Fintech Multi-Strategy Fund IV, raising $250 million. Previously, it stated that the fund’s target final assets under management (AUM) is $500 million. The investor base is diversified, including institutional investors, prominent family offices, and high-net-worth individuals.

HashKey Capital indicated that the fourth fund will adopt a diversified investment strategy, focusing on global infrastructure, scalability, and large-scale application scenarios. The fund combines public market investment strategies with liquidity-creating cross-investment opportunities and will selectively engage in private market investments to enhance the excess returns of innovative projects.

PANews reported on December 31 that Tom Lee, co-founder of Fundstrat and chairman of BitMine, wrote on the X platform: "Typically, during these last holiday trading sessions, many institutional investors exit the market, and algorithmic trading programs and bot trading programs begin to dominate the market, along with sell-offs for tax avoidance. These constitute the market dynamics in the last few days of December." Previously, in BitMine's announcement of acquiring 44,463 ETH last week, Tom Lee mentioned that market activity tends to slow down as the year enters its final weeks of holiday season. Year-end tax-avoidance selling depresses cryptocurrency and cryptocurrency-related stock prices, with this effect typically most pronounced between December 26th and December 30th; therefore, they are adjusting their market strategy accordingly. Earlier today, it was reported that Bitmine pledged another 118,944 ETH and increased its holdings by 32,938 ETH .