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Investment Platform Haruko Secures $6 Million in Funding to Support Expansion Initiatives in Asia
Haruko, a platform specializing in digital asset investment management, has secured $6 million in a funding round aimed at facilitating its growth into Southeast Asia.
The Series A funding round was jointly led by White Star Capital’s Digital Asset Fund and MMC Ventures, increasing Haruko’s total venture capital raised to $16 million.
The digital asset management company stated that the $6 million capital infusion will aid its expansion efforts in Southeast Asia. Clients in this region have expressed interest in Haruko’s sophisticated portfolio and risk management solutions tailored for digital asset investment professionals, according to the firm.
Haruko Engages Hedge Funds and Family Offices
Haruko’s influence extends across a variety of market participants, including hedge funds, family offices, market makers, treasury teams, and prime brokerages. The firm maintains offices in London and Singapore.
The platform is recognized for its adoption by large trading firms. Haruko provides coverage of centralized exchanges (CeFi), decentralized finance (DeFi), and over-the-counter (OTC) markets, while also supporting a range of financial products.
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“Haruko is intensely focused on developing institutional-grade solutions for the future of the investment sector and delivering a white-glove service that consistently surpasses our clients’ expectations,” stated Shamyl Malik, co-founder and CEO of Haruko.
Malik emphasizes Haruko’s commitment to ensuring a smooth user experience. He highlighted the importance of assisting clients in achieving their revenue generation objectives through alpha creation.
Plans for Team Expansion
Malik also pointed out the company’s future initiatives, noting that there are intentions to expand the team. The recent funding round highlights Haruko’s growth trajectory over the last two years.
“We’re eager to continue our global expansion, investing in exceptionally skilled team members to assist us in our objective of developing an industry-leading, end-to-end solution for digital assets and the future of the finance sector,” remarked Malik.
Numerous crypto projects and investors are looking towards Asia for growth opportunities amid heightened regulatory scrutiny in the U.S. and Europe. Asia has emerged as an appealing destination for crypto initiatives due to various factors.
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