HashKey Group, Hong Kong’s largest licensed cryptocurrency exchange, announced its first Digital Asset Treasury (DAT) fund. The fund targets $500 million and will back Bitcoin and Ethereum projects while supporting global adoption initiatives. Hong Kong Formalizes Its Crypto Presence HashKey’s move signals Hong Kong’s intent to formalize its role in digital asset finance. While crypto markets remain volatile, institutional funds like this are viewed as attempts to introduce structured approaches to token exposure
source: https://beincrypto.com/hashkey-launches-500m-dat-fund-hong-kong-counts-49-dat-firms/