HYPERITHM Co., Ltd.
Hyperithm invests in Kemet, a developer of digital asset derivatives trading platform for institutional investors
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HYPERITHM Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, Representative Director: Lloyd Lee) is pleased to announce that it has invested in “Kemet”.
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About Kemet
Kemet is a digital asset derivatives trading platform for
institutional investors including crypto hedge funds. Kemet offers API integration, advanced ordering algorithms, optimal strategies, and more. With Kemet, you can manage all your trades from a single point of access, streamlining the entire trade lifecycle. You can still manage it. Kemet also introduces cutting-edge algorithms that provide liquidity across CeFi, OTC, and DeFi. Kemet revolutionizes the digital trading industry by improving the trading UI/UX of digital assets and minimizing the risks associated with trading.
Product page: https://www.kemettrading.com/
Comment from Kemet CEO Ash Ashmawy
This funding is extremely important for Kemet. This acquisition enables us to accelerate our mission to provide our clients with the most efficient and comprehensive trading and risk management solutions. With the support of investors like Hyperithm, we are poised to redefine what is possible in the digital asset space.
Comment from Lloyd Lee, CEO of Hyperithm
As an institutional trader who started in 2018, Hyperithm sees great value in the products Kemet is developing. The digital asset trading industry still lacks a platform for institutional investors, so it will be difficult for traditional financial institutions to enter. However, we hope that by developing great solutions that make it easier for traditional finance investors to enter the crypto market, Kemet will attract more investors to the market and help the market mature. We are confident that Kemet will continue to lead this category.
About Hyperithm Group
Since its founding in January 2018, Hyperithm has been operating a crypto asset wealth management business targeting institutional investors based in Japan and South Korea. In Japan, we have completed the notification of special business operations for qualified institutional investors, etc., and in South Korea, we have completed the notification of a crypto asset business equivalent to the crypto asset exchange business in Japan. In March 2022, we raised funding from Coinbase Ventures in a Series B bridge round. From May 2022, we will begin operating Japan’s first Bitcoin-denominated fund based on special operations for qualified institutional investors.
Additionally, in June 2022, we established the Web3 Fund with the aim of revitalizing the Web3 ecosystem and are actively investing. 【Company Profile】
Company name: HYPERITHM Co., Ltd.
Representative: Representative Director Lloyd Lee
Head office location: FINOLAB, 4th floor, Otemachi Building, 1-6-1 Otemachi, Chiyoda-ku, Tokyo
Established: January 2018
Number of officers and employees: 30 (including affiliated companies) Overseas base: South Korea
Company website: https://hyperithm.jp
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Hyperithm Invests in “Kemet,” an institutional-grade trading infrastructure for crypto hedge fund.
Hyperithm has invested in “Kemet,” a leading provider of
institutional-grade infrastructure for digital asset derivative trading.
About Kemet
Kemet is an institutional-grade trading infrastructure middleware for crypto hedgefund that allows you to efficiently manage the entire lifecycle of your trades.Kemet offers API integration, advanced order algos, strategies, and a single access point adjusted for all trade managements. Additionally, it leverages state-of-the-art algorithms, which offer firms diverse methods of liquidity venues across CeFi, OTC, and DeFi. This platform is expected to revolutionize the digital trading industry by enhancing the trading experience and minimizing the risks associated with digital asset trading .
For more information, visit: https://www.kemettrading.com/
Ash Ashmawy, CEO of Kemet’s Comment
This financing is a pivotal moment for Kemet. It allows us to accelerate our mission of providing the most efficient and
comprehensive trading and risk management solutions to our clients. With the backing of Hyperithm and our new partners, we’re poised to redefine what’s possible in the digital asset space.
Lloyd Lee, Hyperithm CEO’s Comment
As an institutional trader with experience dating back to 2018, Hyperithm recognizes the significant value that Kemet brings to the table. Given the current absence of a premier institutional-grade infrastructure for digital asset trading in the crypto trading realm, Kemet stands out as a formidable solution, particularly in
facilitating the transition for traditional investors venturing into the crypto market. We firmly believe that Kemet’s offering currently outpaces anything else in the market, positioning them as the undisputed leader in their category.
About Hyperithm Group
Since its foundation in 2018, Hyperithm, operating from Japan and Korea, has been heavily involved in developing its crypto asset wealth management business for an array of institutional investors as well as others. March 2022 marked another major milestone as Hyperithm completed a Series B bridge round funding from Coinbase Ventures. In May 2022, the company began managing Japan’s first Bitcoin-denominated fund under the Qualified Institutional Investors Exemption Program. In June 2022, we established a Web3 ecosystem fund with the aim of revitalizing the Web3 ecosystem and have been actively investing in promising projects that seek to positively contribute to the growth of Web3.
For more information, visit: https://hyperithm.jp
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