Hyperithm provides digital asset management and brokerage services dedicated to institutional investors and high-net-worth individuals. Founded in January 2018 and based in Tokyo, Japan and Seoul, South Korea, the company focuses on regulated digital-asset services. It recently obtained a VASP (Virtual Asset Service Provider) license from the Korea Financial Intelligence Unit and completed notification as an operator of SPBQII to Japan's Financial Services Agency. The leadership team includes co-founders who are an ex-Morgan Stanley investment banker and a serial entrepreneur, and the engineering team includes International Math Olympiad medalists. In March the company appointed an ex-Managing Director of Mirae Asset Global Investment as CFO, strengthening its management. Hyperithm has also raised follow-on funding as part of a bridge round from Coinbase Ventures; the amount was not disclosed. Hyperithm provides digital asset management and execution brokerage services dedicated to institutional investors and high net-worth individuals, including publicly listed companies, family offices, venture capital firms, crypto exchanges and miners. Founded in January 2018 by Lloyd Lee and Sangrok Oh, the company is based in Tokyo, Japan and Seoul, Korea. Its core offerings focus on automated trading and risk management, with trading and risk algorithms developed primarily in Rust. The firm emphasizes performance and safety through its algorithmic infrastructure. Hyperithm raised $11M in a Series B funding round and intends to use the proceeds to continue expanding operations and its business reach. The team targets institutional-grade digital-asset services rather than retail products.

Total raised

$11M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2021