Ryan Sungho Kim | Partner at Hashed — Cracking the Code on Web3 Investing in Asia

In this episode of BeaconLayer Podcast, Kenzi Morikawa sits down with Ryan Sungho Kim, Partner at Hashed, to unpack how top-tier Web3 deals are evaluated across Asia — and what founders often miss when pitching investors.Ryan shares his path from building and exiting LOOKET to Recobell, to leading product development around recommendation systems — an experience that exposed him to the fragility (and incentives) of the data economy. That wake-up call pulled him into blockchain, and ultimately into helping build Hashed into one of the region’s most influential players.We also get into Hashed’s founding thesis (2017): why the team believed blockchain could reshape not only finance, but the internet’s underlying structure — a shift toward networks that empower individuals rather than intermediaries. Ryan breaks down what “conviction” looks like in practice, where real adoption is emerging, and how he thinks the Asian market is evolving right now.This episode was supported by Diksha Wells and Sachi Miyasaki.