Digital assets and fintech company Hashkey was among the investors in a $14.5m round for Adaptive Holdings' open-source blockchain protocol spinoff, CasperLabs.

CasperLabs, a US-based open-source blockchain protocol developer, has secured $14.5m in a series A round featuring Hashkey Capital, a subsidiary of digital assets research group Hashkey.

The round was led by investment vehicle Acuitas Group Holdings and also featured Arrington XRP Capital, Consensus Capital, Axiom Holdings Group, Digital Strategies, MW Partners and Distributed Global.

Founded in 2018 as a subsidiary of decentralised software company Adaptive Holdings, CasperLabs runs an open-source blockchain protocol that enables software developers to more easily create, connect…