Hecto Group invests $2.2M in Hashed's third venture fund

Hecto Group affiliates Hecto Innovation and Hecto Financial have made a strategic investment of 3 billion won ($2.2 million) in a third venture fund established by Web3 venture capital firm Hashed Ventures, Etoday reported. According to the company, the move is a strategic decision aimed at combining Hashed's global Web3 ecosystem with Hecto Group's financial and payment infrastructure, rather than a simple financial investment. Through its participation in the fund, Hecto Group plans to share Web3 and blockchain networks with major global companies and accelerate its search for new growth engines.