TOKYO / NEW YORK / SEOUL / SINGAPORE — 1Token, the leading crypto-finance institutional software provider, announced that Hyperithm, the premier digital asset manager based in Tokyo and Seoul, has chosen to integrate with the 1Token system to support its middle and back office operations.
1Token’s crypto portfolio, risk & fund accounting management systems help crypto fund managers scale up operations efficiently. By utilizing 1Token’s fund solution, Hyperithm can better manage portfolios of spot, swap, option, collateral, fiat, NFT, etc. across 100+ CeFi/DeFi platforms, monitor exposures/leverage/pledge ratios, manage LP share subscriptions & redemptions, and export accurate data for audit purposes. The system is customized for Hyperithm’s current operations, designed for optimizing efficiency, risk control and reducing operational cost.
Executive Voices: Quotes from CEOs
“We’re excited to announce our collaboration with 1Token,” shared Lloyd Lee, CEO of Hyperithm. “Middle and back office management are fundamental to our daily operations. We firmly believe that incorporating 1Token’s service will significantly enhance the security and efficiency of our operation.”
“We take great pride in serving Hyperithm as one of the licensed institutions in Asia with our crypto portfolio and risk management system,” stated Damon Xu, the CEO of 1Token. “This marks our first foray into the institutional markets of Korea and Japan, and we look forward to expanding our presence in these regions.”
About Hyperithm Group:
Since the 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.
1Token is the all-in-one financial software for crypto institutions, supporting 20+ Blockchains, 100+ Defi protocols, and 80+ CeFi & traditional trading venues.
Currently, 1Token software supports all crypto assets in CeFi and DeFi, including spots, futures, options, fixed / variable income products, SAFT, POW/POS mining, staking/yield farming, NFT etc.,
1Token’s institutional clients spread across all verticals of crypto-finance, including buy-side institutions in asset management, fund / FoF / MoM, foundation / exchange treasury, fund admin, audit etc., and sell-side institutions in lending, margin trading, prime brokerage, retail brokerage, OTC, etc. For each specific business vertical, 1Token provides an end-to-end solution that supports front-to-back office technology in portfolio and risk management, pricing / product structuring, accounting, clearing & settlement etc., and multi-department usage for sales / trading / risk / operation / finance teams all at once.
Today, 1Token serves 40+ large global institutions, with top profiles like Hyperithm, Abra, CyberX, Etana Custody, LTP, Matrixport, ML Tech, New Huo Asset Management, NamNar, Pintu, and 4 of the Top 7 CMC exchanges etc., which in total exceed $20+ bn asset managed. For more information about 1Token and its solutions, please visit https://1token.tech/.