HashKey Holdings Limited (3887.HK), an integrated digital asset firm in Asia, said its specialist asset manager HashKey Capital will launch a digital asset derivatives and structured solutions business aimed at professional investors, including a range of structured products such as dual-currency products.
The company said the business is intended to broaden its digital asset management capabilities for professional and institutional clients through differentiated risk-return structures and more diverse customized portfolio solutions.
Structured offerings aimed at professional investors
HashKey said demand from professional investors has been shifting from simple spot exposure to diversified strategy management as the digital asset market matures. In response, HashKey Capital plans to add derivatives pricing, structure design and risk management to its existing investment research, asset management and trading capabilities, and then tailor solutions to clients’ asset profiles, investment goals and risk preferences.
The firm said these solutions can serve different institutional needs, including enhancing returns on digital asset holdings, gradually building or reducing positions at target prices, optimizing cash-flow arrangements, and managing specific market risks.
Built on combinations of standardized derivatives
According to the announcement, the underlying structures will typically be built from combinations of standardized options, futures and other derivatives. The core, it said, is not any single product format, but whether standard trading instruments can be turned into risk-return arrangements that match a client’s actual asset management objectives.
Deng Chao on the shift in institutional focus
HashKey Capital CEO Deng Chao said, 「As digital assets become a part of institutional asset allocation, the market focus is shifting from whether to allocate to digital assets to how to manage digital assets more effectively. We hope to combine the mature derivatives and structured approaches of traditional financial markets with the characteristics of digital asset markets to provide professional investors with more flexible and customized asset management solutions, meeting their diversified return and risk management needs.」
Compliance and risk management remain central
HashKey Capital said it will continue to use its specialist asset-management strengths to advance product innovation under a framework of compliant operations and risk management. It added that the business will be rolled out in an orderly manner based on market liquidity conditions, product risk characteristics and client suitability requirements, while continuing to strengthen its integrated asset management and solutions capabilities for professional and institutional clients globally.
About HashKey Capital
The company described HashKey Capital as a leading specialist digital asset manager in Asia, providing asset management solutions across multiple stages. In the primary market, it said the firm was among the earliest institutional investors to position in Ethereum. Since its establishment in 2018, its funds have invested in more than 400 innovative companies, focusing on digital assets, blockchain technology and frontier technology.
In the secondary market, HashKey Capital said its passive funds provide standardized digital asset beta exposure through compliant investment vehicles, while its active funds deploy multi-strategy approaches to capture market cycles and generate excess returns.
Disclaimer in the announcement
The announcement said the information is provided only to introduce HashKey Capital’s business development direction and the relevant market backdrop, and does not constitute an offer, solicitation, recommendation, investment advice or any promise of investment returns.
It also said the actual scope, target clients and detailed arrangements for the business and related services will be subject to applicable laws and regulations, regulatory requirements, internal approvals and formal transaction documents. Any related products or services, if launched, will be offered only to qualified investors who meet applicable legal and suitability requirements.