ABU DHABI, UAE — 19 November 2024 — M2, a virtual asset custodian and a Multilateral Trading Facility regulated by the Financial Services Regulatory Authority (FSRA) located in ADGM, UAE, and the Bahamas, announces the engagement of Haruko, an institutional-grade infrastructure solution created for companies deploying capital across the digital asset ecosystem.
This engagement of Haruko will provide M2’s treasury trading team the tremendous insight required for effective treasury management, compliance, investor reporting and financial control functions.
Speaking on the engagement, M2’s Managing Director of Treasury Kim Wong said, “Through Haruko we are able to manage M2’s treasury portfolio and risk in real time. Haruko’s advanced tools gives our team the capability to capture asset flows and run scenarios to effectively monitor counterparty credit and other market exposures.”
“We are able to identify and control digital asset portfolio risks to limit return downsides – a key addition to our strategies and operations, particularly when market cycles are volatile.”
“As risk management continues to become a critical workflow in the digital asset space, Haruko continues to deliver an exceptional institutional-grade solution which enables digital asset managers to view their risk in a combined and transparent way,” said Shamyl Malik, CEO and Co-Founder of Haruko.
He added, “We are delighted to be working with M2 to provide our comprehensive suite of risk and portfolio management products, significantly improving operational efficiency and streamlining their workflow”.
M2’s engagement with Haruko is live.
About M2
Headquartered in Abu Dhabi, M2’s mission is to drive virtual asset adoption within the UAE by delivering a secure and transparent trading environment for investors. The platform provides investors with a growing suite of virtual asset products while ensuring strict regulatory compliance. Regulated by the Financial Services Regulatory Authority (FSRA) located in the Abu Dhabi Global Market (ADGM), M2 Limited and M2 Custody Limited are committed to ensuring a safe trading experience, upholding the highest standards of regulatory compliance.
About Haruko
Haruko provides the most comprehensive digital asset infrastructure solution for institutions deploying capital across the digital asset ecosystem. Seamless consolidation of positions across exchanges, on-chainand OTC activity with access to real-time and historical pricing, risk and P&L reporting provides the transparency needed for effective treasury management, compliance, investor reporting and financial controllership functions.
Haruko has an experienced team of TradFi and digital industry veterans located across Europe and Asia supporting more than 50 institutional clients globally using Haruko to optimize their front-, middle- and back-office workflows and operational controls.
For more information or to book your Haruko demo, please visit www.haruko.com or contact [email protected].
