HashKey Capital Brings Crypto History to Life With Decode: Legacy

HashKey Capital brought the history of crypto to life at Token2049 with immersive theater experience Decode: Legacy, hosted at Singapore’s iconic Raffles Hotel.

Decode: Legacy eschewed the cocktails and panel discussions typically seen at crypto events, in favor of a “journey that underscored the far-reaching influence and potential of blockchain technology,” HashKey Capital CEO Deng Chao explained in a press release shared with Decrypt. He added that, “Our objective was to deliver an experience that went beyond the ordinary, immersing attendees in the narrative of crypto’s evolution in a way that felt both tangible and meaningful.”

“We want to create a very cultural experience for everyone to think about why we're still building in this industry, 16 years after Bitcoin’s invention,” Siya Yang, Head of Marketing at HashKey Capital and Japan Business Partner at HashKey OTC, told Decrypt. “It’s an experience bringing together a whole package of culture, arts and Web3 for our audience.”

Co-hosted by Aethir and CARV, and sponsored by dYdX, Mask Network, Decrypt, Coin Metrics, Fenbushi Capital, Flow Traders, DWF Labs and SlowMist, the “avant-garde showcase” blended “entertainment, education, and cultural reflection,” in a time-traveling quest that saw guests complete a series of puzzles to unlock the vault of Bitcoin creator Satoshi Nakamoto.

Taking in a historical tour through “the invention of Bitcoin, and then Ethereum, the ICO boom, DeFi summer, the FTX collapse, and then this year, the ETF approvals,” Yang explained, the event culminated with participants solving the puzzles to the seed phrase for “Satoshi’s vault,” and a finale featuring crypto celebrity, Blockchain Capital and Tether co-founder Brock Pierce.

“It was an event unlike any other,” Victor Yu, COO of CARV said, adding that the event, “highlighted the collaborative spirit at the heart of the blockchain community.”

That collaborative spirit extended beyond the event itself, Yang said, which was not-for-profit, with "everything that was earned from that event eventually donated to local charity organizations, focusing on education, poverty and the environment."

With a capacity of just 150 VIP participants, the event was oversubscribed, Yang told Decrypt.

“We got a lot of requests from friends and the outer circles that were asking about tickets for the event,” she said. The plan now is to take the event “to the global stage,” at events including the Hong Kong Web3 Festival in 2025. “Next year, we're definitely taking it to a higher standard, to a retail level, so everyone will be able to just buy a ticket and see the show themselves,” said Yang. “We hope the guest list can be a gathering of both Web2, TradFi and Web3 people together,” she said, adding that, “Web2 people trying to get an understanding about the history of Web3 will see history unwind right before their eyes, in a very vivid way.”

HashKey Space

Alongside Decode: Legacy, HashKey also brought together crypto leaders for its flagship event HashKey Space. The invite-only event brought together speakers from across the crypto space, including the Solana Foundation, Blockdaemon, Aethir, CARV and Animoca Brands, covering topics ranging from the Bitcoin and Solana ecosystems to DePIN, AI and talent solutions in the decentralized era.

“We want to provide a platform for all the companies in the HashKey ecosystem to work together and think about how they can collaborate, and the new narratives coming out from the ecosystem itself,” Yang said of the panel discussions. She added that, “Everyone is building, busily and happily, and everyone is very confident about the industry itself.”

For its part, HashKey is building out its global business, Yang said, having become the first licensed crypto trading exchange to serve retail users in Hong Kong last year. This year, it received regulatory approval to officially launch futures trading. “We have the HashKey exchange in Hong Kong, and also HashKey Global, which is taking care of the global business,” she said. “We also have our OTC business, which is marching into the Japanese and Middle East markets, acquiring licenses,” she added.

HashKey Capital, meanwhile, has launched three custom indices to track digital assets worldwide, in collaboration with FTSE Russell. “Now we're also working together with them, and are launching three index funds, on the basis of those indices,” Yang said.

She added that, “We want to do as much good as possible, collaborate with all the other participants in the industry, and try to create a positive image for blockchain and the crypto industry.