Haru Invest, a Singapore-based provider of a digital asset management platform, raised $4M in funding at a $284 million valuation.
The round was led by Cocone Corporation.
The company intends to use the funds to support global expansion, licensing and talent acquisition.
Led by CEO Hugo Lee, Haru Invest is a centralized finance CeFi digital asset investment platform that has built a secure bridge between crypto investment services decentralized and traditional finance, with $2 billion in total transaction volume. The company offers users three core crypto investment products — Haru Wallet, Haru Earn Plus and Haru Earn Explore and supports three crypto assets, Bitcoin, Ether, and Tether.
Haru recently introduced Haru Freeze Marketplace, a new feature that allows users to liquidate products before the end of the lockup period to provide immediate access to locked-up assets.
Founded in South Korea and headquartered in Singapore, the company has users in over 140 countries.