{"id":12993,"date":"2024-04-22T14:04:00","date_gmt":"2024-04-22T06:04:00","guid":{"rendered":"https:\/\/group.hashkeydev.com\/?p=12993"},"modified":"2026-07-22T14:08:11","modified_gmt":"2026-07-22T06:08:11","slug":"hashkey-capital-releases-digital-asset-valuation-framework-a-reference-book-in-defense-of-fundamental-analysis-in-crypto","status":"publish","type":"post","link":"https:\/\/group.hashkey.com\/zh\/hashkey-capital-releases-digital-asset-valuation-framework-a-reference-book-in-defense-of-fundamental-analysis-in-crypto\/","title":{"rendered":"HashKey Capital Releases &#8220;Digital Asset Valuation Framework&#8221;, a Reference Book in Defense of Fundamental Analysis in Crypto"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"12993\" class=\"elementor elementor-12993\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-30bb43de e-flex e-con-boxed e-con e-parent\" data-id=\"30bb43de\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1c3c88c8 elementor-widget elementor-widget-image\" data-id=\"1c3c88c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/group-oss.hashkey.com\/wp-content\/uploads\/2026\/07\/20260581-1024x576.jpg\" class=\"attachment-large size-large wp-image-12994\" alt=\"\" srcset=\"https:\/\/group-oss.hashkey.com\/wp-content\/uploads\/2026\/07\/20260581-1024x576.jpg 1024w, https:\/\/group-oss.hashkey.com\/wp-content\/uploads\/2026\/07\/20260581-300x169.jpg 300w, https:\/\/group-oss.hashkey.com\/wp-content\/uploads\/2026\/07\/20260581-768x432.jpg 768w, https:\/\/group-oss.hashkey.com\/wp-content\/uploads\/2026\/07\/20260581.jpg 1281w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-006cc92 elementor-widget elementor-widget-text-editor\" data-id=\"006cc92\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div data-breakout=\"normal\"><p id=\"viewer-foo\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\"><em>While some may see chaos as the reigning theory of crypto, HashKey Capital proposes a rigorous toolbox of fundamental analysis for digital assets that prioritizes analysis over speculation<\/em><\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5546314f elementor-widget elementor-widget-text-editor\" data-id=\"5546314f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div data-breakout=\"normal\"><p id=\"viewer-k8mj8797\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\"><strong>Singapore, Apr. 22, 2024 \u2013 <\/strong><a class=\"o7W-C Db4Cy\" href=\"http:\/\/hashkey.capital\/\" target=\"_blank\" rel=\"noopener\" data-hook=\"web-link\"><strong>HashKey Capital<\/strong><\/a><strong>, the global investment firm focused on the cryptocurrency and blockchain industries, has released <\/strong><strong><em>Digital Asset Valuation Framework<\/em><\/strong><strong>, a 217-page book that defends the role of fundamental analysis in crypto with a robust set of tools for evaluating value across the emerging digital asset economy.\u00a0<\/strong><\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-nv51x803\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">The book outlines various valuation methodologies of digital assets, including native cryptocurrencies, public chains and layer 1s, DAO tokens and utility tokens, Security Token Offerings (STOs) and Non-Fungible Tokens (NFTs).\u00a0<\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-6rm5l805\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">This comprehensive framework is especially valuable in today\u2019s reality of meme finance, where narratives, sentiment and momentum often untether\u00a0 asset prices from underlying value, <strong>says HashKey Capital CEO Deng Chao:<\/strong><\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-prz8z809\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">&#8220;Whether its memecoins, RWAs, protocols or cryptocurrencies, fundamental analysis should still play an essential role in valuing digital assets. We wrote this book to advocate for these crucial tools and propose a clear research-backed framework for investors to apply when evaluating potential investments across various digital asset sectors.&#8221;<\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-kmqie811\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">This pioneering work is poised to become an essential resource for anyone navigating the complex world of cryptocurrencies as it helps<em>\u00a0<\/em>investors remain rational and data-driven when evaluating potential investments, <strong>says Jupiter Zheng, HashKey Capital\u2019s Partner of Liquid Funds and Research<\/strong>:\u00a0<\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-yl84e817\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">&#8220;We set out to equip investors with a framework to take a more informed, analytical approach to cryptocurrency investments. By providing a structured introduction to the factors that determine the value of digital assets, we want to make these concepts accessible to everyone, from experienced investors to those newly crypto-curious.&#8221;<\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-cj0rw819\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">While the limited historical data and the rapid pace of innovation in the crypto space present challenges to valuation models, the book\u2019s comprehensive framework will evolve as the market matures, <strong>Zheng concludes:<\/strong><\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-w569r822\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">&#8220;Over time, these valuation frameworks will be rigorously tested and refined. We hope this book not only fosters a better understanding of crypto asset valuation today but also lays a solid foundation for its future development, contributing to more sophisticated and reliable techniques for assessing the value of digital assets.&#8221;<\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-nsb0u824\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\"><em>Digital Asset Valuation Framework<\/em>\u00a0is <strong>available on April 22.<\/strong> It can be purchased <a href=\"https:\/\/www.mybookone.com.hk\/page\/detail_w\/1778680892224802818\/Digital_Aset_Valuation_Framework_%E7%B2%BE\/9789620767340.html?c=searchPage\">online<\/a> or in person at all Joint Publishing, The Commercial Press or Chung Hwa bookstores in Hong Kong and Macau.\u00a0<\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-ae1h6834\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">For interview requests, please contact: <a href=\"mailto:pr@hashkey.com\">pr@hashkey.com<\/a><\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-12287e7e e-flex e-con-boxed e-con e-parent\" data-id=\"12287e7e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ad43c2c elementor-widget elementor-widget-text-editor\" data-id=\"ad43c2c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><strong>About HashKey Capital<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7196f2f9 elementor-widget elementor-widget-text-editor\" data-id=\"7196f2f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<div data-breakout=\"normal\"><p id=\"viewer-y21pa839\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">Global in influence and crypto-native, HashKey Capital is a digital asset and blockchain leader helping institutions, founders and talents advance the blockchain industries.<\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-mq6sl841\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">As one of the largest crypto funds and the earliest institutional investor in Ethereum, HashKey Capital has managed over US$1 billion in client assets since its inception, with over 500 investments in infrastructure, tools, and applications.<\/span><\/p><\/div><div data-breakout=\"normal\"><p id=\"viewer-uiru9843\" class=\"b7gNM eG0V9 -gJ12 OlZdx\" dir=\"auto\" tabindex=\"-1\"><span class=\"yi-Gi\">With our deep knowledge across the blockchain ecosystem, HashKey Capital has built a robust network connecting founders, investors, developers, and regulators.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>While some may see chaos as the reigning theory of crypto, HashKey Capital proposes a rigorous toolbox of fundamental analysis for digital assets that prioritizes analysis over speculation Singapore, Apr. 22, 2024 \u2013 HashKey Capital, the global investment firm focused on the cryptocurrency and blockchain industries, has released Digital Asset Valuation Framework, a 217-page book [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":12994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-12993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/posts\/12993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/comments?post=12993"}],"version-history":[{"count":7,"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/posts\/12993\/revisions"}],"predecessor-version":[{"id":13001,"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/posts\/12993\/revisions\/13001"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/media\/12994"}],"wp:attachment":[{"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/media?parent=12993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/categories?post=12993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/group.hashkey.com\/zh\/wp-json\/wp\/v2\/tags?post=12993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}