Haruko, a cutting-edge digital asset investment management platform, has successfully closed a $6 million Series A funding round. This investment will bolster the company’s expansion into Southeast Asia and further its global footprint, enhancing its robust suite of services for institutional investors.
Founded in 2021, Haruko provides comprehensive solutions for managing digital assets across centralized finance (CeFi) exchanges, decentralized finance (DeFi) protocols, and over-the-counter (OTC) transactions. The platform offers real-time and historical data on pricing, risk, and performance, enabling effective treasury management, compliance, and financial oversight.
The company has rapidly grown its presence across North America and Europe, serving over 50 investment institutions and operating out of offices in London and Singapore. Its client roster includes hedge funds, family offices, market makers, and treasury teams, reflecting a strong adoption among major trading firms for its extensive coverage and multi-product support.
Shamyl Malik, co-founder and CEO of Haruko, stated, “Our focus remains on delivering institutional-grade solutions that push the boundaries of digital asset management. Despite various growth opportunities through acquisitions, we chose to enhance our user experience and develop our technology in-house. Our commitment to creating a superior, streamlined product is at the core of our mission.”
The Series A funding round was led by White Star Capital’s Digital Asset Fund and MMC Ventures, bringing Haruko’s total venture capital funding to $16 million. Sep Alavi, General Partner at White Star Capital, praised Haruko’s leadership, commenting, “Haruko is at the forefront of empowering institutions in the evolving digital asset landscape. Their innovative approach positions them as a pivotal player in this space.”
Oliver Richards, General Partner of MMC Ventures, added, “Our research highlights the need for advanced solutions in the post-trade segment of digital assets, a need Haruko is exceptionally equipped to address. The expertise of Shamyl and his team is crucial to solving this complex problem.”
Editorial Opinion:
Haruko’s impressive $6 million Series A funding is a testament to the company’s pivotal role in transforming digital asset management. As the digital asset market grows and evolves, the demand for sophisticated, real-time management solutions increases. Haruko’s platform not only addresses this need but also sets a new standard with its comprehensive and user-centric approach. By focusing on in-house development and a seamless user experience, Haruko demonstrates a commitment to excellence that positions it for continued success in a rapidly changing financial landscape.
With its strategic expansion plans and solid backing from prominent investors, Haruko is well-positioned to become a leader in digital asset management. The integration of advanced technology and a deep understanding of market needs make Haruko a standout in the industry, promising significant impact and innovation.
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