Crypto VC Hashed Anchors New Digital Asset Private Credit Fund Targeting $300 Million

Hashed, a cryptocurrency venture capital firm, has launched a private credit fund focused on digital assets with a fundraising goal of $300 million. The fund is designed to fill a financing gap that many institutional investors face when seeking capital for digital‑asset strategies.

Targeted Funding Goal

The new vehicle seeks to raise $300 million, positioning itself as a sizable source of credit for the growing institutional digital‑asset market.

Innovative Underwriting Approach

Unlike traditional crypto‑lending products, the fund will employ a “covenant‑based” underwriting model. This approach incorporates contractual protections that aim to mitigate risk and align incentives between borrowers and lenders.

Addressing a Market Bottleneck

By providing structured credit with covenant protections, the fund intends to alleviate a financing bottleneck that has limited the ability of institutional participants to deploy capital efficiently in the digital‑asset space.

Implications for Institutional Investors

The launch signals a maturing credit market for digital assets, offering institutions a potentially more secure and regulated avenue for exposure.