Hyperithm raises funding from Coinbase Ventures

HYPERITHM Logo

Hyperithm is a Tokyo-based digital asset manager based in Japan and South Korea. It received funding from Coinbase Ventures for a follow-on investment.

The amount of the deal has not been disclosed.

Founded in January 2018, Hyperithm offers digital asset management and brokerage service dedicated to institutional investors and high net-worth individuals. The company recently acquired VASP (Virtual Asset Service Provider) license from Korea Financial Intelligence Unit and completed the notification as an operator of SPBQII (Specially Permitted Businesses for Qualified Institutional Investors) to the Financial Services Agency in Japan.

Hyperithm was co-founded by an exMorgan Stanley investment banker and serial entrepreneur. It boasts a pool of engineering talent that includes International Math Olympiad medalists. In March, the company appointed an ex-Managing Director of Mirae Asset Global Investment – the largest investment bank in Korea – as the CFO, strengthening its management leadership.

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