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$250 million: the strategy behind two of China's largest and lowest-profile crypto funds

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Quick Take
- Dragonfly and Hashkey are two of the largest crypto funds in China, although their investment strategies are less known
- The Block examined each fund to understand their origins, investment interests, and portfolio components.
Two firms – Dragonfly Capital Partner and Hashkey Digital Asset Group – are under the radar for many despite investing internationally and managing sizeable funds that are on par with their U.S. counterparts. Combined, the two firms have raised $250 million ($150 million for Hashkey, $100 million for Dragonfly) for their first funds and both […]
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