HashKey Capital obtains license from Singapore regulator

Quick Take

  • Singapore’s financial regulator granted HashKey Capital a license to operate in the country.

Singapore's financial regulator granted HashKey Group's investment arm a license to operate in the city state. 

The firm announced today that it has received approval for a Capital Markets Service license from the Monetary Authority of Singapore. HashKey Capital Singapore will offer fund management services in the country.

“Once the CMS license is granted, HashKey Capital will be able to offer its services to institutional and accredited investors," said Deng Chao, CEO of HashKey Capital Singapore, in a statement. 


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HashKey Group founded its venture arm in 2018, and claims to have managed more than $1 billion to date. HashKey Capital also received a license from Hong Kong to manage a portfolio entirely composed of digital assets in September. 

© 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Author

Aislinn Keely is a reporter on The Block's policy team holding down the legal beat. She covers court decisions, bankruptcies, regulatory actions and other key moments in the legal sphere, putting them in context for the wider crypto industry. Before The Block, she lent her voice to the NPR affiliate WFUV and helmed Fordham University's student newspaper. Send tips or thoughts on all things policy and legal to [email protected] or follow her on Twitter for updates @AislinnKeely.


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