M2 Engages Haruko for Position and Risk Management Across Treasury Portfolio

M2 Engages Haruko for Position and Risk Management Across Treasury Portfolio

Abu Dhabi, UAE, 18 November, 2024 - M2, a leading cryptocurrency exchange and custodian based in Abu Dhabi, today 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 with 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, "With Haruko, we can efficiently manage M2's treasury portfolio and risk in real time. Haruko's advanced tools empower our team to seamlessly track asset flows, conduct scenario analyses, and closely monitor counterparty credit as well as other market exposures, enabling proactive risk management."

"These capabilities allow us to identify and mitigate risks across our digital asset portfolio, safeguarding against potential downside impacts. This is a critical enhancement to our strategies and operations, particularly during periods of heightened market volatility."

“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, Chief Executive Officer 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.

It is not offered by M2 Limited.

About M2

M2’s mission is to drive virtual asset adoption within the UAE by delivering a secure and transparent trading environment for investors and traders. M2 provides users with a reliable and regulated growing suite of products, services, and tools for buying, selling, growing, and safeguarding virtual assets. 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 experience and adhering to the highest standards of regulatory compliance. M2 Global Wealth Limited (M2GW) is registered and regulated in the Bahamas with a Digital Asset Business License.

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-chain and 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 hello@haruko.io.