Asset Manager

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Hash Global

KK Yang's Hash Global bridges Chinese capital and global Web3, co-investing with HashKey Capital across protocols, NFTs, and token funds.

Hash Global logo

Hash Global

Hash Global is a venture capital firm founded in 2019 in Shanghai. It invests in early-stage blockchain projects led by global Chinese entrepreneur teams. Hash Global has made 41 investments, including a 2025 investment in AgentLISA.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Shanghai

Corporate office

Shanghai, China

Principals

KK Yang

Founder and Managing Partner

Henry Yang

Investment Partner and Fund Manager, Web3 Token Fund

Sector focus

Web3Blockchain InfrastructureNFTsGamingDeFi

Frequently asked questions

Who runs investment decisions at Hash Global?

KK Yang, the Founder and Managing Partner, leads investment decisions. He previously served as a Managing Director at Bosera Asset Management, one of China's traditional fund-management firms. Henry Yang serves as Investment Partner and Fund Manager for the Web3 Token Fund, managing liquid token strategies.

How does Hash Global source proprietary deal flow?

The firm leverages KK Yang's network from Chinese traditional finance and its own Ready Player Club, a Web3 Chinese-speaking community it founded for resource sharing and networking. Frequent co-investment relationships with HashKey Capital and SNZ Holding also contribute to shared pipeline access across the Asian crypto venture ecosystem.

Does Hash Global invest in tokens, equity, or both?

Both. The firm operates a Web3 Token Fund for liquid digital assets alongside equity venture funds. Its on-chain holdings also include NFT collections such as Ready Player Cats and the Maodao NFT Collection on Ethereum, indicating a multi-format approach to Web3 exposure.

What investment stages does Hash Global target?

Hash Global focuses on early-stage venture opportunities across blockchain infrastructure, DeFi, NFTs, and Web3 gaming. Specific stage parameters are not publicly disclosed, but the firm's co-investment patterns with HashKey Capital suggest a concentration on seed through Series A rounds.

How is Hash Global related to HashKey Capital?

Hash Global and HashKey Capital are separate entities but frequent co-investment partners, having participated together in over 20 funding rounds. HashKey Capital is the digital-asset investment arm of Hong Kong-based HashKey Group. The relationship appears to be a strategic co-investment alliance rather than a shared ownership structure.

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