Haru Invest Celebrates Its Third Year Of Operations With New Funding Raise At A $284 Million Valuation
Haru Invest Celebrates Its Third Year Of Operations With New Funding Raise At A $284 Million Valuation
09/01/22, 10:01 AM
Location
seoul
Industry
cryptocurrency
blockchain
fintech
financial services
Haru Invest, a leading digital asset management platform, celebrated its third year of operations this month by announcing a strategic investment funding of $4 million at a $284 million valuation. The new investment was led by Chun Yang-Hyun, executive chairman of Cocone Corporation who participated in Haru Invest's previous investment round in 2020, and the funds will support the company's talent acquisition, licensing and global expansion plans.
Company Info
Location
seoul, seoul, south korea
Additional Info
Led by existing investor Cocone Corporation, the new investment will support global expansion, licensing and talent acquisition as the digital asset management platform celebrates three years of providing stable and safe crypto investment opportunities to customers in 140+ countries SINGAPORE, Sept. 1, 2022 /PRNewswire/ -- In the past 12 months, the company has seen triple-digit increases in a range of key growth metrics, including:Earnings payouts: +550%Total transaction volume: +433%Total users: +319%Deposits made: +451%"Since we began operations three years ago, Haru Invest has been laser-focused on building and maintaining trust and reliability with our users, and this new strategic investment indicates we've been successful in doing so," said Hugo Lee, CEO of Haru Invest. The centralized finance (CeFi) company offers users three core crypto investment products — Haru Wallet, Haru Earn Plus and Haru Earn Explore — and features some of the highest crypto earn rates in the market, with up to 14.2% APR on crypto. The company also 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. "Since our initial investment in Haru Invest, the company has grown rapidly in the digital asset space and has delivered a highly reliable, safe and secure investment experience for thousands of users worldwide," said Chun Yang-Hyun, executive chairman of Cocone Corporation. To learn more about the company and how the platform can help your investments turn lucrative, visit https://haruinvest.com/About Haru InvestHaru Invest, a subsidiary service brand of Block Crafters, is a successful CeFi digital asset investment platform that built a secure bridge between crypto investment services decentralized and traditional finance, with $2 billion in total transaction volume.