BlockBeats news, on December 31, Hashed CEO and Managing Partner Simon Seojoon Kim stated that although Trump's remarks about Bitcoin as an asset for U.S. Treasury imply a potential shift in institutional sentiment, funding levels are unlikely to return to the highs of 2021-2022. However, significant changes could occur if macro or political black swan events arise.
Kim pointed out that the market in 2025 may benefit from factors such as U.S. regulatory transparency, increased institutional activity in Asian markets, and advancements in infrastructure.
On the downside, Kim warned that risks such as regulatory setbacks, macroeconomic uncertainty, and geopolitical tensions could suppress growth.
Hashed's investment focus for 2025 includes DePIN, institutional-grade DeFi applications, regulated stablecoin payment systems, and crypto AI infrastructure—Kim believes all these areas have clear product-market fit, regulatory compliance pathways, and proven revenue potential. In contrast, he expects funding for speculative GameFi projects without sustainable economics, undifferentiated Layer 1 and Layer 2 solutions, consumer DeFi applications in restricted jurisdictions, and NFT platforms without clear utility or revenue models to decline.
Hashed plans to close (end fundraising for) its third venture fund before the first quarter of 2025 and to launch a new investment tool in Abu Dhabi aimed at facilitating direct token investment under the region's regulatory framework.