# HYPERITHM

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hyperithm

- Industry: Business Support Services
- Headquarters: Seoul, South Korea
- Website: http://www.hyperithm.com
- Total disclosed funding: $11M
- Latest round: Series B (Aug 18, 2021)
- Investors on record: 10

## About

Based in Seoul, South Korea, and founded in 2018, HYPERITHM operates a digital asset investment trust and brokerage business for institutional and eligible investors based in Korea, Japan, and Hong Kong. The company is developing technology infrastructure for efficient research-based asset management strategy development and has more than 50 domestic and foreign institutions such as large corporations, family offices, venture capitals, digital asset exchanges, and mining companies. Both AUM or managed assets and brokerage transactions services made by the platform have increased by more than 25 times compared to the previous year as of the second quarter of 2021. In 2019, HYPERITHM launched a brokerage service and has trading records with domestic and foreign listed companies, venture capitals, and major virtual asset exchanges.

The company provides a digital institutional asset management gateway for institutions in Korea and currently manages virtual assets from 50 institutional customers in the United States, Japan, Singapore, and the Middle East.

HYPERITHM plans to let more institutions participate in the virtual asset market in the future.

## Funding rounds

- Series B, Aug 18, 2021, $11M — Coinbase Ventures, Hashed Ventures, GS Futures, WEMADE, cocone corporation, Guardian Fund
- Seed, May 1, 2020 — Spring Camp, Korea Tech Incubator for Startup
- Series A, Jul 23, 2019 — Kakao Investment, Spring Camp, VIP Asset Management

## Investors

- Kakao Investment (https://capitalatlas.ai/funds/kakao-investment) — Series A
- Spring Camp (https://capitalatlas.ai/funds/spring-camp) — Series A, Seed
- VIP Asset Management — Series A
- Korea Tech Incubator for Startup — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series B
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Series B
- GS Futures (https://capitalatlas.ai/funds/gs-futures) — Series B
- WEMADE — Series B
- cocone corporation — Series B
- Guardian Fund — Series B
