Hashed Anchors $300 Million Digital Asset Private Credit Fund

Hashed, a cryptocurrency venture capital firm, has anchored a $300 million digital asset private credit fund managed by Thoro Capital Management, founded by Mohamed Hamdy. Thoro Capital Management lends to digital asset institutions through stablecoin settled US dollars, with Hashed serving as the main investor. The fund adopts a contract based underwriting approach to evaluate the financial condition of borrowers, aiming to address institutional financing bottlenecks. At present, the amount of funds put on the tokenized private equity credit chain exceeds 14 billion US dollars, and the size of the traditional private equity credit market exceeds 3 trillion US dollars.