HashKey Capital Singapore Secures Capital Markets Services License in Singapore

HashKey Capital Singapore Pte. Ltd. ("HashKey Capital Singapore"), a leader in the blockchain and digital asset investment space, yesterday announced the successful acquisition of the Capital Markets Services ("CMS") license from the Monetary Authority of Singapore ("MAS").

The CMS license, granted by the MAS, designates HashKey Capital Singapore as a licensed fund management company (LFMC). This pivotal development enables HashKey Capital Singapore to provide regulated fund management services primarily in relation to capital markets products from its base in Singapore.

Deng Chao, CEO of HashKey Capital Singapore and Head of HashKey Singapore, commented on the achievement, stating, "Securing the CMS license from the MAS marks a defining moment for HashKey Capital and the vibrant Web3 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. Singapore's innovative spirit aligns with our mission, and we're excited to propel blockchain-related capital markets products and investments further into the mainstream, offering new possibilities for institutional and accredited investors."

This achievement follows HashKey Capital's earlier success in concluding their fundraising journey for VC Fund III, amassing a total of $500 million.