Hyperithm Raises $11 Mln In Series B Funding Round.

Hyperithm Raises $11 Mln In Series B Funding Round.

2021-08-18 | Robin Williams

Hyperithm Raises $11 Mln In Series B Funding Round.

Tokyo-based renowned digital asset management firm, Hyperithm, raises $11 Mln within a Series B funding round that was co-led by South Korea’s Hashed and Wemade Tree, a subsidiary of the gaming company behind the “Legend of Mir” series. Other participating investors within the round embody Coinbase Ventures, Cocone, GS Futures as well as the Guardian Fund, Hyperithm revealed in an official email. Founded earlier in January 2018, Hyperithm operates in Tokyo and Seoul and focuses on automated trading and risk management through cryptographic algorithms. The firm outlined that it's seeing growth within the institutional marketplace for digital assets in East Asia. It serves institutional investors, publicly listed firms, family offices, venture capital businesses, cryptocurrency exchanges, and miners. Earlier investors have included South Korea's VIP Research & Management as well as the venture capital firms owned by South Korean internet firms Kakao as well as Naver.

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