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Hashed launches digital asset private credit fund targeting $300 million

The Block reports the strategy relies on covenant-based underwriting to help resolve an institutional digital asset financing bottleneck.

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Hashed is launching a new digital asset private credit fund with a stated target size of $300 million, aiming to expand access to credit for institutional participants in the sector, according to The Block.

The outlet says the fund is designed to address what it calls a financing bottleneck in institutional digital asset markets.

Hashed plans to use covenant-based underwriting as part of the fund’s approach to lending in the digital asset private credit space, The Block reports.

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