Hashed Emergent
18, 19F, 374, Gangnam-daero, Gangnam-gu, Seoul, Republic of Korea
Overview
Hashed Emergent is an early-stage venture capital fund focused on investing in companies at the intersection of web2 and web3 in emerging markets.
- Total investments
- 7
- Lead investments
- 1
- Investments · 12mo
- 2
- Active investors
- 2
Investment portfolio
- Jia
Participated · Seed · May 2026
Jia provides Philippine small and medium enterprises with an integrated financial operating system that bundles working capital, corporate banking, and cash flow instruments. The company uses a proprietary AI credit model called Ossicone, trained on Southeast Asian SME data, to assess credit and speed liquidity. Through its platform, businesses can convert unpaid invoices into cash within 24 hours without collateral or prolonged approvals. Jia raised $3 million in a seed round—bringing its total funding to $7.3 million—and will deploy the new capital to scale its platform. The firm aims to expand its reach to over 1 million SMEs in the Philippines. Jia’s offerings target faster access to cash and streamlined financial operations for local businesses.
- PayCrest
Participated · Seed · Jan 2026
Paycrest is building infrastructure that converts stablecoins to local fiat currencies, addressing liquidity constraints that hamper day-to-day payments and remittances in Africa. By smoothing the on- and off-ramp between digital dollars and naira, the startup aims to make cross-border and domestic payments faster and more affordable. The company positions itself at the intersection of traditional finance and web3, attracting interest from both specialised crypto investors and generalist VCs. Its core product centres on providing reliable liquidity pools and settlement rails for merchants, consumers, and other fintechs that need instant conversion between stablecoins and local currency. Although still at the pre-revenue, pre-product-market-fit stage, Paycrest’s ability to secure external financing underscores investor confidence in its technical approach and market opportunity. The fresh capital will be channelled toward product development, regulatory compliance, and initial market roll-out. No operating metrics such as user numbers or revenues have been disclosed.
- Airstack
Participated · Seed · Oct 2024
Airstack builds a Web3 application programming interface platform designed to let individuals discover and use data from the Web3 ecosystem via APIs. The platform aims to simplify access to on-chain data for users and applications. Airstack announced on X that it completed a $4.0 million seed round. The company did not disclose any valuation information in the announcement. The seed financing involved multiple crypto and venture investors, and included participation from Allen Day of Google Cloud. No operating metrics were provided in the article. Airstack provides a developer platform that lets users query, combine, and integrate cross-chain, on-chain and off-chain data using natural-language requests powered by AI. Since debuting in April, the platform has attracted over 200 developers working on projects from DeFi portfolio optimizers to decentralized social and messaging apps. Developers can make single queries that return combined data across blockchains and applications (for example, querying MATIC holders with ENS, Lens, and Farcaster info). Simultaneously with the funding announcement, Airstack released an updated Jam social app built on Farcaster and Ethereum for iOS and Android. The company currently offers its services free of charge but plans to implement a pricing model after identifying where it adds the most value. Management’s immediate focus is onboarding thousands of developers to surface genuine business use cases before finalizing pricing.
- 0xPass
Participated · Seed · Sep 2023
0xPass provides infrastructure that lets developers build multiple authentication methods into non-custodial crypto wallets, aiming to make wallet login as convenient as web2 counterparts. The company uses multi-party computation (MPC) to shard private keys across network nodes and combines MPC algorithms with secure enclaves via its Passport Protocol network to maintain a non-custodial design. Incubated at the Stanford Blockchain Club, the team positions 0xPass as a flexible alternative for developers who want programmable authentication and transaction rules. The product targets developers needing customizable authentication flows or wallet infrastructure and plans to monetize by charging customers for access to its key management system based on usage. 0xPass emphasizes developer control and programmability compared with traditional MPC setups that split key shares between users and service back ends. The company also notes regulatory uncertainty around wallet infrastructure as a principal macro risk.
- Nestcoin
Led · Equity · Sep 2023
Nestcoin has repositioned from a venture studio and investment holding company to focus on a single product, Onboard. Onboard, launched in April, is a noncustodial wallet that lets users access keys via email instead of seed phrases and offers instant stablecoin-to-local-currency conversion and a P2P marketplace. The company claims over 10,000 users and plans features including rewards, credit, fast payments, and a virtual card to spend stablecoins across 160+ countries. Nestcoin was materially affected by the FTX collapse, losing millions in assets and cutting headcount; it previously raised $6.45 million in early 2022. The firm says the new funds will shore up finances and help scale Onboard beyond the continent. Onboard is integrated into Coinbase’s Base ecosystem, and Nestcoin has previously raised capital from Binance and FTX and now receives support from Base/coinbase through the Base Ecosystem Fund. Nestcoin builds, operates and invests in consumer-focused, non-custodial web3 products across DeFi, media, digital art and gaming. Its product initiatives include a media arm (Breach) for bite-sized crypto education, a gaming guild (Metaverse Magna) that lends Axies to players under revenue-sharing, and planned DeFi product launches by Q2. The company has about 6,000 subscribers to its educational content; MVM received over 2,000 applications and currently has 400 live gamers with a near-term target of 1,000. Nestcoin also invests in other web3 projects (publicly disclosed: Lazerpay and backing AltSchool Africa) and has experimented with social tokens in partnerships. The team spans nine countries and the firm says it may eventually raise an independent fund to participate in deals and investments. Nestcoin has set audacious user targets including one million monthly transacting users, up to 50 million monthly active users, and one million users holding $10,000 in their wallets.