HashKey Singapore Now Officially Licensed as Fund Manager by MASby Fintech News Singapore December 20, 2023
HashKey Capital Singapore, a company specialising in blockchain and digital asset investments, has secured a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS).
This license, initially granted in-principle in November 2022, officially recognises HashKey Capital Singapore as a licensed fund management company.
HashKey will now be able to offer regulated fund management services, focusing on capital markets products from its base in Singapore.
This development follows HashKey Capital’s recent completion of fundraising for VC Fund III, which raised a total of US$500 million, to continue investing in promising Web 3.0 and blockchain projects worldwide.
Deng Chao, CEO of HashKey Capital Singapore and Head of HashKey Singapore said,
“Securing the CMS license from the MAS marks a defining moment for HashKey Capital and the vibrant Web 3.0 landscape in Singapore.
As a licensed fund management company, we are committed to contributing to the local blockchain community and playing our part in shaping its future.”
Featured image credit: Edited from Freepik