Digital asset management platform Haruko has raised $6m (£4.6m) in a Series A round to fund its expansion into Asia.
Founded in 2021, Haruko provides asset managers, hedge funds and family offices with a platform to manage both centralised and decentralised digital asset investments.
As well as blockchain portfolio management, the platform has risk control tools and data insights sourced from the startup’s application programming interface (API).
The platform also has a proprietary crypto multi-chain wallet, compatible with digital asset storage providers.
“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 co-founder and CEO Shamyl Malik.
The investment round was co-led by White Star Capital and MMC Ventures.
“As the digital asset space continues to mature, Haruko is leading the way in ensuring institutions are equipped to embrace these new opportunities,” said White Star Capital general partner Sep Alavi, who has been appointed to the London-based company’s board as part of the investment deal.
MMC Ventures general partner Oliver Richards added that the investment group had been “actively looking at the blockchain” space for years.
“The post-trade part of the digital asset landscape which Haruko focuses on has been poorly served to date and we believe that Shamyl and team have the deep domain knowledge required to solve this problem,” Richards said.