Fundraising Fox

Hashed

Venture capital

Seoul · Pre-Seed–Series A · 33 people tracked

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Investment thesis

Hashed invests in founders building the next paradigm in AI, crypto, and frontier technology, from day zero to global scale. The firm positions itself as an ecosystem builder and committed partner rather than a passive investor, offering extensive support to portfolio companies so founders can focus on growth. Its founders build autonomous networks, decentralized applications, games, tools, and infrastructure, innovating business models across finance, gaming, and entertainment through blockchain and frontier tech. Hashed operates a network of independent subsidiaries covering emerging markets, early Web3 incubation, data-driven insights, fintech-crypto R&D, institutional custody, and regulatory research to accelerate mass adoption and expand technology ecosystems worldwide.

Invests inAI & Machine LearningCrypto & Web3Deep TechFintechGamingMedia & EntertainmentAsia-PacificGlobalIndiaMiddle East & North AfricaNorth AmericaSeoulSingaporeSouth KoreaUnited Arab EmiratesUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$1M – $37M
HQ
Seoul, CA, KR
Leads rounds
Follows
Instruments
Equity
Founded
2017
Tracked investments
156

Team · 33 people

from the firm's website & public directories
Seok Won Hong· Partnerin𝕏
Daniel Minsu Kim· Venture Partnerin𝕏
Seung-yoon Lee· Venture Partnerin𝕏
Bonsang Gu· Investorin𝕏
Irene Park· Finance Manager

Former accounting manager at KIS Pricing and government-funded program specialist; CAU graduate.

Jake Kim· Asset Manager

Former CTO at RTM and software engineer at MEDIBLOC; Seoul National University graduate.

Jenny Lee· Accounting Manager

Previously at Credit Suisse Korea with international experience across Asia; HK PolyU graduate.

Joseph Youngin𝕏
Jun Park· Investorin𝕏
SB An· Tech Lead

Crypto and data specialist, Kaggle Grandmaster, with an M.S. in CSE from Seoul National University.

Sungjin Yoonin
Timmy Sangwoo Han· Associatein𝕏
Youngkyun YK Rha· Investorin

What they invest in

from 75 of 156 portfolio companies

Crypto & Web3 ×53Fintech ×28AI & Machine Learning ×15Data & Infrastructure ×13Developer Tools ×11SaaS ×10Gaming ×9Consumer ×6

HQs:South Korea×20United States×9Switzerland×1France×1Hong Kong×1Japan×1

Investments · 156 tracked

founders shown can be your intro path
Dfnsdfns.coin𝕏✓ verified

DFNS provides wallet-as-a-service infrastructure for financial institutions, fintech platforms, and digital asset management.

Crypto & Web3CybersecurityData & InfrastructureEnterprise SoftwareFintechParis, FR

Dsrvlabsdsrvlabs.comin𝕏✓ verified

DSRV provides on-chain finance infrastructure for financial institutions, including tokenization, on-chain payments, embedded wallets, institutional staking, and custody, alongside multi-chain RPC node services (All That Node) and blockchain validator operations.

Crypto & Web3Data & InfrastructureFintech

EveryRealmeveryrealm.com✓ verified

Everyrealm develops infrastructure and deploys capital for crypto and community-driven projects, investing in and building across blockchain protocols and platforms to connect digital economies.

Cloud ComputingCrypto & Web3GamingSocialLakeville, US

Andrew Durgee(Director)Youngro Lee(Director)Janine Yorio(Executive Officer, Director)

Hallidayhalliday.xyzin𝕏✓ verified

Halliday builds a unified, cross-chain payments platform that enables users to onramp, swap, and execute on-chain actions across multiple blockchain networks.

Crypto & Web3FintechSaaS

Hyperithmhyperithm.jp✓ verified

Hyperithm is a digital asset manager offering quant/algorithmic market-neutral trading strategies and Web3 venture investments for corporate clients and high net-worth individuals.

Crypto & Web3FintechTokyo, JP

Questbookquestbook.xyz𝕏✓ verified

Questbook offers a decentralized application that lets blockchain ecosystems and protocols run grant and builder programs on-chain, with open source code and data accessible to builders.

Crypto & Web3Developer Tools

RLY Networkrly.network𝕏✓ verified

Rally Protocol provides a mobile SDK for React Native developers to build blockchain features and applications.

Crypto & Web3Developer Tools

Acadarenaacadarena.com𝕏
Ad Shieldad-shield.ioin

Jersey City, US

Dong Jun Cha(Executive Officer, Director)Joowon Ryoo(Executive Officer, Director)Kim Seojoon(Director)

Ancient8ancient8.gg

Ancient8 is a gaming-focused Ethereum Layer 2 blockchain designed for Web3 gaming, hosting fully on-chain games, games on X and Telegram, IP-infused games, and AI-powered games.

Crypto & Web3Gaming

AnotherBallizumo.com
Apeironnftapeironnft.com𝕏

Apeiron is an NFT-based game featuring collectible planets, avatars, and apostles, with in-game elements, an arena, and a marketplace.

Crypto & Web3Gaming

API3 Decentralized APIapi3.org𝕏

API3 operates a decentralized oracle network that allows DeFi projects to earn rewards (OEV Rewards) for participating in its data provision and consensus system.

Crypto & Web3Data & Infrastructure

Aptosaptoslabs.comin𝕏

Aptos Labs develops a Layer 1 blockchain platform using the Move programming language and parallel execution technology, serving developers and users building decentralized applications.

Crypto & Web3Developer ToolsNew York City, US

Avery Ching(CEO and Co-Founder)inAlin Tomescu(Head of Cryptography)Sasha Spiegelman(Head of Research)Zekun Li(Head of Blockchain)

Archwayarchway.io𝕏
ATOMcosmos.networkin𝕏

Cosmos develops an open-source blockchain technology stack and enterprise solutions for businesses and governments to deploy and scale digital ledgers.

Crypto & Web3Enterprise SoftwareFintechNew York City, US

Atommerceatommerce.com
Auraaura.network𝕏

Aura Network provides blockchain infrastructure for real-world asset (RWA) tokenization, using a modular architecture to convert traditional assets into on-chain tokens.

Crypto & Web3Data & InfrastructureFintech

Avalonplayavalon.com𝕏
Avocadodaoavocadodao.io
Axieaxieinfinity.com
B3b3.funin𝕏

B3 builds an operating system (B3OS) for creating onchain applications, smart contracts, and automations without code, alongside a labs division that incubates revenue-generating products and a holdings arm making strategic investments in complementary businesses.

Crypto & Web3Developer ToolsSaaS

Daryl Xu(Co-Founder & CEO)Viktoriya Hying(Co-Founder & COO)Sean Geng(Co-Founder & CTO)

Backpackbackpack.appin𝕏
BasedAppbasedapp.io
Bastionbastion.comin𝕏

Bastion provides stablecoin issuance infrastructure with compliance and security features, enabling institutions to launch USD-backed stablecoins with customizable issuer models.

Crypto & Web3Fintech

Beraberachain.com𝕏
Blackwingblackwing.fi
Blockodysseyblockodyssey.io
Blueprintfinanceblueprintfinance.com
Carwashlovecarwashlove.com

Sejinsa operates an on-demand mobile car wash service in South Korea, sending crews to customers' apartment or building parking garages during evening and daytime hours.

ConsumerMarketplacesMobility & TransportationSeoul, KR

Yoon Yong-bin(CEO)

Ceramic/3Box Labsceramic.network𝕏

Ceramic provides a decentralized protocol for event streaming and data management that enables interoperable apps and services to share verifiable data at scale.

Crypto & Web3Data & InfrastructureDeveloper Tools

Charancharan.ai

The site lists fashion and luxury items — including clothing, handbags, sunglasses, and jewelry — with original and discounted prices, suggesting an online resale or discount fashion marketplace.

E-commerceMarketplacesRetail Tech

Cietyciety.xyz
Codestatescodestates.com

Code States offers competency diagnostics and customized training programs to help organizations carry out digital transformation.

EdTechEnterprise SoftwareFuture of Work

Coin 98coin98.com
Comentocomento.kr
Connext/Everclearconnext.network𝕏

Connext provides xCall, a developer tool that enables applications to interact with users, tokens, and other applications across multiple blockchains.

Crypto & Web3Developer ToolsSan Francisco, US

Arjun Bhuptani(Executive Officer, Director)Layne Haber(Executive Officer, Director)Rahul Sethuram(Executive Officer)

Covalentcovalenthq.com
Cryptoquantcryptoquant.com
Cxtcxt.tax

CxT (Cryptofin, formerly Cryptotax) offers a platform for crypto financial management that connects with exchanges and handles tax and accounting workflows for individuals and companies.

Crypto & Web3FintechSaaSKingstown

Christopher Mercer(Managing Member)

cybercyber.co
Darcmatterdarcmatter.com
Decentralanddecentraland.org

Decentraland is a decentralized virtual world platform where users can socialize, create, and explore using blockchain technology.

ConsumerCrypto & Web3

Decentraliseddecentralised.ggin𝕏

Decentralised Gaming Ventures is a Web3 game venture builder that co-develops and publishes games with independent studios, using blockchain, NFTs, and IP collaborations to enable fan contribution and digital ownership.

Crypto & Web3GamingMedia & Entertainment

Samson Oh(Founder)Derrick Sim(Chief Operating Officer)Joseph Young(Chief Investment Officer)

Delabsdelabs.gg𝕏

Delabs operates online games and related digital services, including in-game virtual items that users can purchase.

Crypto & Web3Gaming

Dfinitydfinity.orgin𝕏

DFINITY builds the Internet Computer, a decentralized cloud network that enables applications to run directly on the blockchain with persistent state, native HTTP serving, and built-in security without requiring external databases or a dedicated operations team.

AI & Machine LearningCloud ComputingCrypto & Web3Developer Tools

Dominic Williams(Founder)

Doeatdoeat.io

Doeat (두잇) is a food delivery service in South Korea designed for single-person households, offering individual meals from around 5,990 won with delivery fees included and no minimum order amount.

ConsumerFoodTechMarketplaces

Dunedune.comin𝕏

Dune provides normalized blockchain datasets and analytics across 130+ chains, offering data on stablecoins, prediction markets, tokenized real-world assets, and ERC-20 tokens for traders, analysts, and enterprises.

Crypto & Web3Data & Infrastructure

dYdXdydx.exchangein𝕏

dYdX is a decentralized exchange for trading perpetuals that uses zero-knowledge proofs to provide security and privacy.

Crypto & Web3Fintech

Antonio Juliano(Founder)inIvo Crnkovic-Rubsamen(CEO)

Fantomfantom.foundation𝕏
Finschiafinschia.io
Fitogetherfitogether.comin

Fitogether builds wearable athlete-tracking hardware and cloud analytics for soccer teams, using RTK-GNSS and IMU sensor fusion (KineticSense) to measure movement, speed, and position with centimeter-level accuracy.

HardwareSports Tech

Flexityflexity.app
Freshcutfreshcut.gg
Future Primitivefutureprimitive.xyz
GAIBgaib.ai
Getmegagetmega.com

Frequently asked questions

What stage does Hashed invest at?
Hashed invests at the Pre-Seed, Seed, Series A stages.
What is Hashed's typical check size?
Hashed typically writes checks of $1M – $37M.
What sectors does Hashed focus on?
Hashed focuses on AI & Machine Learning, Crypto & Web3, Deep Tech, Fintech, Gaming, Media & Entertainment.
Where is Hashed located?
Hashed is headquartered in Seoul, KR.
Does Hashed lead rounds?
Hashed typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

Ep. #40: Baek Kim from #Hashed (Crypto fund in Korea) at Deconomy 2019

Decrypt Asia · Baek Kim

Interview - Ryan Sungho Kim , CEO at #HASHED

mrblock 區塊先生 · Ryan Sungho Kim

Images

Hashed photoHashed photoHashed photoHashed photoHashed photoHashed photo

Co-investors · 35

Pantera Capital

Pantera Capital is a blockchain and cryptocurrency-focused investment firm that pioneered early crypto funds in the U.S., offering exposure through venture equity, early-stage tokens, and liquid tokens.

$5M – $100M
Digital Currency Group

Digital Currency Group (DCG) is a long-standing investor and operator focused exclusively on the cryptocurrency and blockchain industry, holding equity, fund, and token positions across the sector.

Dragonfly

Dragonfly is a crypto-focused investment fund that backs researchers and builders working to advance the crypto ecosystem.

$3M – $30M
CMCC Global

CMCC Global is one of Asia's earliest venture capital investors dedicated exclusively to blockchain and crypto, managing a diversified digital asset management platform across several funds.

Both backed · 6
1k(x)

1kx is a venture capital firm founded in 2018 that invests in blockchain and crypto infrastructure with a focus on decentralized finance, payments, and Web3 applications. The firm has deployed over $400 million in exit proceeds across more than 160 investments over eight years.

Both backed · 4
Matter LabsOasis LabsCovalentThe Sandbox
White Star Capital

White Star Capital is a global multi-stage technology investment platform that partners with founders across multiple markets to help them scale internationally from founding through exit.

Both backed · 2
DfnsLedn Toronto, Canada
$500K – $7M
Placeholder VC

Placeholder is a venture capital firm that has invested in over 75 early-stage crypto companies and decentralized networks since 2017.

Bitkraft Esports Ventures

BITKRAFT Ventures is a global investment platform focused on gaming, interactive media, and related technologies, investing at the intersection of physical and digital worlds it calls 'Synthetic Reality.'

Both backed · 1
OFF
$100K – $5M
Hustle Fund

Hustle Fund is an early-stage venture capital firm that invests quickly in startups, offering capital along with educational programs and mentorship. It also runs an angel investing community that lets members invest alongside the fund.

Both backed · 1
Acadarena
$150K
CoinFund

CoinFund is a crypto-focused investment firm that backs and partners with companies building open, decentralized technology across finance, infrastructure, and AI.

Both backed · 1
$6M – $10M
Race Capital

Race Capital is an early-stage venture fund that invests in companies operating in data, enterprise, infrastructure, and fintech sectors.

Both backed · 1
Cross-chain communications
$250K – $2M
Asymmetric

Asymmetric is an early-stage venture capital firm focused on web3 and crypto companies and protocols, from DeFi to mobile, offering investment opportunities tied to the digital transformation of society through a global macro and technological lens.

Both backed · 1
$10K – $1M
23 more co-investors

Generative VenturesUnknown VenturesTiger Global ManagementBattery VenturesTodd and Rahul’s Angel FundNot Boring CapitalAntlerAwesome People VenturesKearny JacksonGalaxy Digital Assets FundCrunchFundIVCOctopus VenturesMulticoin CapitalSeed Club VenturescLabsSolana VenturesDivergenceNational Science FoundationSID Venture PartnersEthereal Ventures Management Ltd.Blockchange VenturesGalaxy Interactive

Firms observed investing alongside Hashed, from public investor directories. Shared companies are the overlap with Hashed's recorded portfolio.

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