Archives: September 2025

Hong Kong-based HashKey Group has launched a $500-million Digital Asset Treasuries (DAT) fund, signaling a shift toward mainstream adoption of cryptocurrencies like Bitcoin and Ether in corporate balance sheets. DATs enable companies to diversify beyond traditional assets like cash or bonds, capitalizing on crypto’s potential price appreciation and the growth of decentralized finance (DeFi) and Web3 ecosystems.

The fund, focusing primarily on Bitcoin and Ether, operates as a perpetual vehicle with continuous subscriptions and redemptions, offering liquidity and flexibility. Based in Hong Kong, a crypto-friendly hub with clear regulations, HashKey aims to bridge traditional finance (TradFi) and digital assets while supporting global Web3 projects.

Key drivers of DAT adoption include favorable regulations, strong crypto market performance, and growing institutional demand for exposure to Web3 and tokenized assets. However, challenges like price volatility, regulatory uncertainty, liquidity risks, and operational complexities require robust risk management.

HashKey addresses these risks through institutional-grade infrastructure, diversified investments, regulatory compliance, and transparent reporting. This initiative highlights a future where cryptocurrencies are integral to corporate treasury strategies, balancing innovation with stability.

Did you know? Hong Kong and Singapore are emerging as key hubs for DAT funds due to their progressive regulatory frameworks.

The article explains that a new type of crypto loan is emerging that doesn't require borrowers to lock up their digital assets as collateral. Instead of relying on over-collateralization, innovative platforms are now assigning users on-chain credit scores.

These scores analyze a user's blockchain history—such as transaction history, wallet age, and repayment behavior—to assess their creditworthiness, similar to how traditional banks use credit scores. This approach merges the sophistication of traditional finance with the efficiency of crypto, allowing asset-rich holders to access liquidity without selling their investments.

While challenges like volatility and data privacy remain, this shift towards trust-based lending using digital reputations is a significant step toward a more mature and accessible crypto financial system.