Details of the investments of Hashed, South Korea’s largest crypto initiative, in 2023 have been announced.
In the current news presented by South Korea’s local media Econovill, the giant investment company 2023 Activities of the year were included. According to the news, Hashed will grow in total in 2023. 29 investments carried out.
The total amount of these investments for $28.44 million reached. At the center of the giant company’s investments blockchain infrastructure, web3 games, decentralized finance (DeFi) And intellectual property There were headlines such as.
When viewed as a percentage, Hashed’s investments 21% is blockchain infrastructure projects, 21% from decentralized finance projects, 21% from web3 game developers And 15% of which are projects working on intellectual property created.
According to countries, South Korea While we found an investment share of 38%, it was followed by 21%. North Americawith 7% Europe and with 34% Singapore Other Asian regions followed suit. In the majority of investments Series A seed investment Early initiatives such as Among these seed investments Radius, centralized Gaming Ventures (DGV) AnotherBall, Payhere And DeLabs Projects such as these came to the fore.
Hashed CEO made a statement on the subject: Seojoon Kimhinted that they could invest more in 2024:
While 2023 will be a challenging year for startups in a challenging macroeconomic environment, the calm market atmosphere has enabled us to uncover a number of ideas that could significantly advance blockchain infrastructure and applications. In 2024, we expect to see significant growth for many of our portfolio companies as they develop their products and communities, as we anticipate the entry of institutional investors, including the approval of a Bitcoin ETF at the beginning of the year, and the integration of Web3 infrastructure, including the launch of wallets by global platform companies.