MAS grants HashKey Capital CMS license
The license will enable the company to provide regulated fund management services.
The Monetary Authority of Singapore (MAS) awarded HashKey Capital Singapore the Capital Markets Services ("CMS") license.
The license designates HashKey Capital Singapore as a licensed fund management company (LFMC) enabling the company to provide regulated fund management services primarily for Singapore capital market products.
This follows HashKey Capital’s success in raising $500m for the VC Fund III to focus on Web3 and blockchain projects.
”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,” Deng Chao, CEO of HashKey Capital Singapore and Head of HashKey Singapore said.