Harneys advises on US$500 million crypto fund of HashKey Capital

Harneys acted as Cayman Islands counsel to HashKey Capital, a global asset manager specialising in blockchain and crypto, on the successful US$500 million closing of its third fund, HashKey FinTech Investment Fund III.

Launched in 2018, HashKey Capital has managed over US$1 billion in client assets. Its new fund will further advance crypto and blockchain initiatives worldwide, with a focus on emerging markets.

Asia Head of Funds and Regulatory Maggie Kwok led the team, with support from Hong Kong Partner Ian Clark. Maggie commented, “We are delighted to have leveraged our extensive funds and digital assets knowledge to support HashKey on its latest fund closing. We wish them every success in their endeavours to propel the industry forward into the next stage.”

Harneys advises on all aspects of the life of Cayman, BVI, Cyprus, and Luxembourg funds, including formation, restructuring, and closure, both in planned and distressed scenarios. The firm has also established a dedicated offshore regulatory practice providing regulated clients with essential legal support.