Hong Kong crypto exchange HashKey Group is launching a $500M Digital Asset Treasury (DAT) fund, marking one of the region’s largest institutional crypto investment initiatives to date. The DAT fund is designed to build a diversified portfolio focusing primarily on Bitcoin ( BTC ) and Ethereum ( ETH ) ecosystem projects but leveraging tokenization and cross-chain solutions to expand into low-volatility assets—such as tokenized stablecoins and innovative tokenized ETFs. The fund plans regular subscriptions and redemptions, appealing to corporate treasuries and institutional clients. HashKey aims to drive institutional crypto adoption, with partnership entities like Ripple and Bosera signaling its intent to broaden access to diverse digital assets and pioneering tokenized money market ETFs. More on crypto VanEck Crypto Monthly Recap For August 2025 Ethereum: Activity Growth Surged In August (Rating Upgrade) Ethereum Could Break Out Well Past It's All-Time Highs Ross Ulbricht reemerges as crypto celebrity after Trump pardon Trump family is said to amass $1.3B in crypto ventures