South Korean crypto venture capital firm Hashed Ventures secures KRW 3 billion investment

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.