HashKey Capital has signed a memorandum of strategic collaboration with Tiantu Asset Management (Tiantu AM), a wholly owned subsidiary of Tian Tu Capital.

The agreement outlines plans to explore the possible joint establishment of investment funds in the virtual asset sector, with scope for further forms of cooperation in the future.

Both HashKey Capital and Tiantu AM are licensed asset managers in Hong Kong and hold virtual asset authorisation under their Type 9 licenses.

The collaboration will be conducted in accordance with relevant laws and regulations.

HashKey Capital noted the increasing integration of virtual assets and blockchain technology into mainstream business operations and identified significant growth potential in these areas.

It aims to draw on its expertise to support Tian Tu Capital in broadening its asset management activities within this field.

Vivien Wong, Partner, Liquid Funds at HashKey Capital, said:

“Through this partnership, HashKey Capital will leverage its deep expertise in the virtual asset space to provide input and investment insights, enabling Tian Tu Capital to expand its investment product offerings, diversify its investor base, and strengthen its capabilities in the growing virtual asset sector. This collaboration underscores HashKey Capital’s leading role in shaping and advancing the digital asset ecosystem across Asia and globally.”

Tiantu Capital described the partnership as an opportunity to align complementary expertise in order to explore new areas of growth.

The company has an established presence in China’s consumer sector as a private equity investor.

Li Qi, Executive Director of Tiantu AM, said:

“By collaborating with HashKey Capital, Tiantu can integrate innovative digital asset and blockchain capabilities into its investment strategy, enhancing value creation for portfolio companies and investors while enabling strategic expansion into the virtual asset space by its Hong Kong asset management business.”

Featured image credit: Edited by Fintech News Hong Kong, based on image by perig76 via Freepik