Investment Platform Haruko Raises $6M Funding to Fuel Asia Growth Plans
Haruko, a digital asset investment management platform, has raised $6 million in a funding round to help fuel its expansion into Southeast Asia.
The Series A funding round was co-led by White Star Capital’s Digital Asset Fund and MMC Ventures, bringing Haruko’s total venture capital raised to a total of $16 million.
The firm was founded in 2021, and has scaled its operations across North America and Europe, with a client base of over 50 investment management institutions.
The digital asset management firm said the $6 million injection of capital will support its expansion into Southeast Asia. Clients in the region have shown interest in Haruko’s advanced portfolio and risk management solutions for digital asset investment professionals, said the firm.
Haruko’s reach spans an array of market participants, including hedge funds, family offices, market makers, treasury teams, and prime brokerages. The firm has offices in London and Singapore,
The platform is noted for its adoption among large-scale trading firms. Haruko has coverage of centralized exchanges (CeFi), decentralized finance (DeFi), and over-the-counter (OTC) venues, and supports multiple financial products.
“Haruko is laser-focused on building institutional-grade solutions for the future of the investment industry and providing a white-glove service to exceed our clients’ expectations consistently,” said Shamyl Malik, co-founder and CEO of Haruko.
Malik underscores Haruko’s dedication to maintaining a seamless user experience. He stressed the need to support clients’ revenue generation goals through alpha creation.
Malik also highlighted the company’s future plans, adding there are plans to grow the team. The new funding round underscores Haruko’s growth trajectory
