What Hashed Open Research does

Hashed Open Research (HOR) is a Seoul-based blockchain and Web3 think-tank founded circa 2023 and operated under the Hashed venture capital ecosystem. The organization conducts open research and publishes policy-oriented reports, whitepapers, and manifestos covering topics such as blockchain institutional frameworks, stablecoins, real-world asset tokenization, prediction markets, hybrid finance, and AI-blockchain convergence. Its work is organized around three focus areas: facilitating dialogue between blockchain communities and government, developing institutional frameworks for Web3 adoption, and bridging traditional enterprises with decentralized technologies. The entity serves blockchain communities, government and regulatory bodies, and traditional enterprises — but does so as a public-good research provider rather than a commercial vendor.

HOR operates as a non-commercial research outfit. It distributes output through its public website and Notion-hosted publications in English, Korean, and Japanese, and convenes stakeholders via open seminars, policy conferences, and roundtable discussions. Distribution is free; no pricing model, product sales, subscription fees, or other revenue-generating activities are disclosed in the input data. Its flagship commercial-grade engagement to date is the partnership with the Abu Dhabi Global Market (ADGM) Registration Authority, with whom it co-authored a policy report synthesizing a Web3 Leaders Roundtable held during Abu Dhabi Finance Week 2025.

The team comprises approximately 1-10 personnel, including CEO Simon Seojoon Kim (also CEO & Managing Partner of Hashed) and CSO Fuko, supported by outside directors and strategic advisors drawn from Korea Exchange, the Korea Financial Telecommunications & Clearing Institute, Yonsei University, KAIST, and other institutions. Affiliated researchers hold backgrounds spanning investment analysis (Dunamu, Alphanonce, BCG), Web3 engineering (ZEP, Decipher), and cyber defense (ROK Cyber Operations Command). The think-tank is wholly funded and operationally embedded within the Hashed umbrella, with no independent external investors disclosed.

Name

Hashed Open Research

Legal name

Hashed Open Research

Website

https://hashedopenresearch.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Hashed Open Research is a Seoul-based blockchain and Web3 think-tank founded under the Hashed venture capital umbrella. It publishes open policy research, whitepapers, and multilingual reports, and convenes seminars and roundtables for regulators, academia, blockchain communities, and traditional enterprises.

Ownership category

akta.pro rank

Product category

Policy Research and Advisory

NAICS

Marketing Research and Public Opinion Polling (54191), Web Search Portals, Libraries, Archives, and Other Information Services (5192)

SIC

Finance Services (6199)

akta.pro primary industry

Governance Analytics, Reporting & Transparency Dashboards (FSAPAHAI)

akta.pro secondary industries

Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Regulatory Reporting, Tax & Audit Trails (reconciliation, provenance) (FSAPAJAI)

Keywords

• Blockchain research
• Web3 policy
• Digital asset advisory
• Regulatory frameworks
• Think tank services

Headquarters

HQ city

Seoul

HQ country

South Korea

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Hashed Open Research is a blockchain and Web3 think-tank that publishes policy reports, whitepapers, and research analyses on topics including AI-blockchain convergence, stablecoins, real-world asset tokenization, prediction markets, and digital governance. It complements its research output by hosting open seminars, policy conferences, and roundtable discussions that convene blockchain communities, government regulators, academia, and traditional enterprises to facilitate dialogue and shape institutional frameworks for Web3 adoption.

Product overview

Hashed Open Research (HOR) is a think-tank research organization powered by Hashed, focused on blockchain and Web3 technologies. The organization operates as a unified research powerhouse that publishes policy reports and whitepapers, and hosts conferences and seminars. Their core offerings include research publications on topics such as AI-blockchain convergence, stablecoins, real-world asset tokenization, prediction markets, and institutional Web3 frameworks, complemented by in-person dialogue programs that facilitate open discourse between blockchain communities, governments, and enterprises.

Differentiator

Problem solved

Functional benefit

Products and services

• Conference & Seminar Programs Open seminars, conferences, and roundtable discussions that bring together blockchain communities, government entities, academia, and industry experts to discuss Web3 technologies and policy frameworks. Topics covered include AI-blockchain convergence, stablecoins, RWA tokenization, and digital governance.
• Hashed Open Research Publications

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core, flagship and minor.

• HashedcoreOthersHashed is the parent ecosystem powering Hashed Open Research. As the primary backer and brand affiliation, Hashed provides the foundational platform and network from which HOR operates as its dedicated research powerhouse, contributing to the overall blockchain ecosystem discourse.
• ADGM Registration AuthorityflagshipStrategic or Co-development PartnerADGM's Registration Authority and Hashed Open Research co-authored a policy report synthesizing insights from a Web3 Leaders Roundtable held during Abu Dhabi Finance Week 2025. The report addressed AI-blockchain convergence in financial infrastructure, regulatory uncertainty, stablecoins, and real-time settlement as pathways for scaling on-chain financial activity.
• UnopndminorOthersUnopnd is listed as a partner of Hashed Open Research, with a logo displayed on the Partners section of the HOR website, suggesting a collaborative or aligned relationship within the blockchain ecosystem.
• FactomindminorOthersFactomind is listed as a partner of Hashed Open Research, with a logo displayed on the Partners section of the HOR website, indicating a collaborative or aligned relationship within the blockchain research ecosystem.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Coin Center: Coin Center is a non-profit crypto policy think-tank focused on US regulatory frameworks for digital assets. Comparable to HOR as a public-good research and policy advocacy organization, though geographically focused on the US.
• Messari: Messari is a crypto research and data firm producing institutional research reports, regulatory analyses, and event programming. Comparable to HOR's policy/research focus but operates a paid research subscription model.
• Delphi Labs (Delphi Digital): Delphi operates a research-first Web3 firm producing reports and policy commentary on tokenization, DeFi, and on-chain finance. Closely comparable to HOR in mission and output format, though with a stronger focus on Western markets.

Broad incumbents

• BIS Innovation Hub: BIS Innovation Hub produces research on CBDCs, tokenization, DeFi, and AI-blockchain convergence in financial infrastructure — overlapping with HOR's institutional framework mandate at a multilateral scale.
• a16z Crypto (Andreessen Horowitz): a16z Crypto operates a research and policy team producing thought leadership on Web3, tokenization, and regulatory frameworks. Comparable to HOR as a venture-backed Web3 research organization publishing publicly on institutional adoption, though far larger and globally focused.
• Brookings Digital Economy Project: Brookings' Digital Economy work produces policy research on emerging technologies including blockchain. Comparable to HOR as a think-tank publishing on Web3 institutional frameworks with regulator engagement.
• Galaxy Digital Research: Galaxy's research arm publishes institutional-grade reports on digital assets, stablecoins, tokenization, and blockchain infrastructure. Overlaps with HOR's research catalogue and B2B/regulator-oriented positioning.

Emerging players

• Electric Capital: Electric Capital publishes developer reports and Web3 research, operating as a VC-affiliated research contributor. Comparable to HOR's Hashed-backed model of ecosystem-aligned research output.
• Token Terminal: Token Terminal produces on-chain financial research and analytics for institutional audiences. Overlaps with HOR's institutional finance research agenda, though operates a paid analytics platform.
• Chainalysis: While primarily a blockchain analytics firm, Chainalysis publishes influential research used by regulators. Comparable to HOR's mission of informing policy through data-driven research, though commercially focused on compliance tooling.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/hashed-open-research

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hashed Open Research