Hyperithm

Hyperithm Co., Ltd. (株式会社Hyperithm) is a digital asset management firm headquartered at 7F Bizfeel, 7-16 Nihonbashi Kodenmacho, Chuo-ku, Tokyo, with a Korean subsidiary, Hyperithm LLC. The company describes itself as a global asset manager delivering market-neutral returns through systematic arbitrage across digital and traditional asset markets, combining algorithmic trading, diversified arbitrage strategies and risk management. Its registered fields of business are proprietary trading, a qualified institutional investor special-exception fund business (適格機関投資家等特例業務), and venture investments in Web3. Registered capital is 90,000,000 JPY.

The firm was established on 29 January 2018 and states it was the first digital asset manager based out of Tokyo and Seoul. It serves corporate clients and high net-worth individuals; earlier coverage described a client base of institutional investors including publicly listed companies, family offices, venture capital firms, and crypto exchanges and miners, served through digital asset management and execution brokerage. A directory entry from Tokyo's FinCity catalogue notes the firm manages a multi-strategy digital asset hedged fund in Japan, the Hyperithm Digital Asset Quant Fund IBTC, and also operates Web3 business investments and headhunting services.

Alongside trading, Hyperithm runs a venture investment arm that backs projects it describes as strategically aligned with its asset management business. Disclosed portfolio names include Midas, LIGHTER, ether.fi, Kaito.ai, Sei Network, JPYC, Plume, Wildcat, Cork Protocol, Camp Network, Blueprint, Solv Protocol, Zest Protocol, ZKEX, FLock.io, Superfluid and many others listed in the company's news archive. The company is a member of the Japan Cryptoasset Business Association (JCBA) and the Japan Association of New Economy (JANE).

Founding story

Hyperithm was established on 29 January 2018 and co-founded by Lloyd Lee, an ex-Morgan Stanley investment banker and Forbes 30 Under 30 entrepreneur, together with Sangrok Oh, described as a serial entrepreneur. Per a founder biography in a Tokyo asset-manager catalogue, Lee started the company after initially using Bitcoin as a cheaper way to remit his salary from Japan to South Korea; a 2026 report article referenced the founders spotting Bitcoin price gaps and founding the firm in Tokyo.

Business model

Hyperithm earns from managing digital assets on behalf of corporate clients and high net-worth individuals via market-neutral, arbitrage-oriented strategies, from proprietary trading on its own account, and, historically, from execution brokerage for institutional clients. It additionally makes venture investments in Web3 companies and protocols, and operates a fund vehicle in Japan under the qualified institutional investor special-exception framework.

Asset management and proprietary/execution activity in digital assets, complemented by venture investment positions; specific fee terms are not disclosed in the sources.

Traction

The Series B announcement reported AUM and brokerage volume each increasing 25 times year over year and a round valuation ten times that of the 2019 round. The company's website reports (figures as of July 2026) more than 92% positive weeks over the trailing 12 months, a Sharpe ratio of 3.7 since 2018, 40+ headcount and 8+ years of operating experience; the about page states group headcount of 41.

Latest developments

Recent items include a February 2026 investment in Cork Protocol's $5.5M seed round, March 2026 research coverage by Samsung Securities on the firm's market-neutral crypto strategy, Bloomberg citations of both CEOs in May and July 2026, and a 3Q26 active strategy outlook contribution by Sangrok Oh in July 2026.