London - December 20, 2023. Haruko, the leading provider of digital asset infrastructure solutions for institutions, announced today itsintegration with Vertex, a leading hybrid order book-AMM DEX built on Arbitrum.
Through this integration, Haruko's institutional digital asset clients will gain a direct block-by-block view of Vertex's advanced DeFi trading features, including cross-margined trading, a money market, and various leverage and yield products. This partnership enables efficient management of digital asset portfolios, leveraging Haruko's robust infrastructure for real-time and historical pricing, risk, and P&L reporting.
"We are thrilled to partner with Vertex and integrate their innovative decentralized exchange capabilities into our comprehensive suite ofportfolio and risk management solutions. This partnership empowers our clients to effectively monitor on-chain exposures and risk, further enriching our institutional DeFi offerings," said Shamyl Malik, CEO and co-Founder ofHaruko.
"Aligning with Haruko is a strategic step in our mission to enhancethe DeFi trading experience for institutional clients. Haruko's state-of-the-art digital asset infrastructure, combined with Vertex’s unique trading features and real-time integration, presents a best-in-class tool for institutions navigating the complexities of DeFi" said Alwin Peng,co-founder at Vertex Protocol.
This partnership is a significant milestone in the development of institutional-grade services in the digital asset sector. It offers a unique combination of Haruko's in-depth risk and portfolio management tools with Vertex's comprehensive decentralized trading functionalities, setting a new standard for institutional engagement in DeFi.
Vertex Protocol was established by a team of traders and engineers witha track record of business building in both TradFi and DeFi markets. They sawthe latent market need for users to interact with DeFi in a more flexible wayand decided to leverage the growing ecosystem on the Arbitrum blockchain to bring a trading protocol to market. Today, they are excited to be at the forefront of smart contract and market innovation for Arbitrum and to help partner with some of the most exciting names in crypto to build a DeFi protocol that works for all users.
To learn more about Vertex Protocol, please visit www.vertexprotocol.comand/or go to the following:
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 activitywith 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 45 institutional clients globally using Haruko to optimize their front-, middle- and back-officeworkflows and operational controls.