Hashed Launches Digital Asset Credit Fund

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Crypto venture capital firm Hashed has launched a new private credit fund targeting the digital asset sector. The fund aims to raise $300 million to address financing challenges in institutional digital asset markets by providing capital to projects using a covenant-based underwriting approach.

Key facts

• Hashed, a venture capital firm specializing in cryptocurrency, has established a new private credit fund.
• The fund is specifically targeting the digital asset sector.
• The fund has an objective of raising $300 million.
• The initiative is designed to address a significant financing challenge within the institutional digital asset space.
• The fund will utilize a covenant-based underwriting approach to structure its investments.