South Korea’s Hashed Raises $120M Venture Fund for Crypto Deals

South Korea’s Hashed Raises $120M Venture Fund for Crypto Deals

Hashed Ventures has raised $120 million for a fund that will be focused on a new era of distributed networks.


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Korean crypto investment company launches $120 million fund for blockchain pr...

South Korea’s Hashed has established a new fund to finance emerging blockchain startups Hashed, one of South Korea’s largest crypto asset fund managers, has raised $120 million to fund new blockchain ventures in the so-called “protocol economy.”The funds were raised via Hashed Ventures Inc., a new entity that will oversee the deployment of the nine-figure investment. The company has yet to disclose its backers, though a spokesman indicated that some of South Korea’s largest IT companies are involved. In the announcement, the company said:“Hashed plans to invest heavily in domestic and....

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