Hashed, based in San Francisco and Seoul, is the largest crypto asset fund and community builder in South Korea. Founded by serial entrepreneurs, company operators, and systems engineers, the team is passionate about enabling the global adoption of blockchain through education, acceleration, and impact investments.
According to The Block, cryptocurrency venture capital firm Hashed has obtained a Financial Services Permission from the Abu Dhabi Global Market (ADGM). With this license, Hashed plans to collaborate with institutional investors in the Middle East within a regulated environment.
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According to South Korean media outlet DigitalToday, Korean crypto venture capital firm Hashed Ventures announced raising KRW 3 billion (USD 2.2 million). The investment was led by Hecto Innovation and Hecto Financial—both subsidiaries of Hecto Group. The new capital will be allocated to Hashed Ventures’ “Hashed Venture Investment Fund No. 3,” with a focus on supporting new business areas including digital asset wallets and stablecoin-based payment and settlement solutions.
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Circle CEO Jeremy Allaire stated that Circle has expanded its collaboration with Dunamu—the operator of Upbit—to support the compliant adoption of digital assets, and broadened its partnership with Bithumb to strengthen stablecoin infrastructure and raise market awareness of stablecoins. Allaire noted that South Korea is rapidly advancing regulation for stablecoins and digital assets, and that local cryptocurrency adoption rates are high. During his time in Seoul, he also met with representatives from KakaoGroup, Coinone, Hashed, Shinhan Bank, KB Financial Group, and Woori Bank.
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