Hashed Invests $28.44M in Blockchain

Hashed, South Korea’s foremost crypto venture, has boldly faced the challenges of the crypto winter, committing a substantial $28.44 million (36.8 billion won) to blockchain projects this year.

Despite the prolonged crypto winter, Hashed not only navigated through the adversity but also expanded its presence in blockchain infrastructure and gaming projects.

As outlined in a recent Econovill report, Hashed strategically focused on early-stage ventures aiming to enhance blockchain infrastructure and integrate content and intellectual property rights (IP), positioning them for broader user appeal.

Throughout the year, Hashed engaged in 29 investments, demonstrating a well-balanced allocation across various sectors. Blockchain infrastructure, gaming, and finance each accounted for 21% of the investments, while IP and content-related startups received 15% of the allocations.

Additionally, Hashed diversified its portfolio by investing in early-stage startups capable of leveraging blockchain infrastructure across diverse sectors such as O2O platforms, sharing economy initiatives, and artificial intelligence startups.