HashKey Singapore Now Officially Licensed as Fund Manager by MAS

HashKey Capital Singapore, an organization specialising in blockchain and digital asset investments, has secured a Capital Markets Companies (CMS) license from the Financial Authority of Singapore (MAS).

This license, initially granted in-principle in November 2022, formally recognises HashKey Capital Singapore as a licensed fund administration firm.

HashKey will now have the ability to provide regulated fund administration companies, specializing in capital markets merchandise from its base in Singapore.

This improvement follows HashKey Capital’s current completion of fundraising for VC Fund III, which raised a complete of US$500 million, to proceed investing in promising Net 3.0 and blockchain initiatives worldwide.

Deng Chao

Deng Chao, CEO of HashKey Capital Singapore and Head of HashKey Singapore mentioned,

“Securing the CMS license from the MAS marks a defining second for HashKey Capital and the colourful Net 3.0 panorama in Singapore.

 

As a licensed fund administration firm, we’re dedicated to contributing to the native blockchain neighborhood and enjoying our half in shaping its future.”

Featured picture credit score: Edited from Freepik

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