2025-03-12 13:05

Block Media

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# AM Management Secures Additional Series A Funding from Ruth Ventures
AM Management, a provider of quant-based digital asset investment solutions, has secured additional Series A funding from Ruth Ventures, solidifying its continued growth and global competitiveness. Last year, AM Management received Series A funding from J-CAM, a major Japanese virtual asset custodian, further substantiating its market strength.
A Ruth Ventures investment officer stated, “AM Management has built a robust track record in global virtual asset management through its differentiated quant strategies and possesses a highly skilled development team. Despite the volatile nature of the virtual asset market, the company has demonstrated stable business operations and rapid execution capabilities, achieving impressive returns. These factors were key in our decision to provide additional investment.”
AM Management supplies quant solutions to OKX, the world’s second-largest digital asset exchange by volume, maintaining a leading position in returns, operational scale, and subscriber numbers for over a year.
The company currently boasts over 50,000 global users and is expanding its customer base by offering quant solutions to digital asset-holding enterprises in international markets such as Japan and the United Arab Emirates (UAE). The total asset size managed by quant solution users has surpassed 100 billion KRW.
Building on these achievements, AM Management was selected for the first batch of Woori Financial Group's Dinolab in Busan for 2025 and named Best Enterprise at the Korea Startup Center (KSC) in Singapore, earning high acclaim both domestically and internationally.
Hojoong Kim, CEO of AM Management, remarked, “With Bitcoin ETFs' assets under management (AUM) exceeding 160 trillion KRW and anticipated to surpass gold ETFs' AUM by December 2024, the overseas digital asset market is experiencing rapid growth. We are currently collaborating with financial sectors in Korea and Japan, aiming to become the ‘Renaissance Technologies’ of the digital asset industry when the Korean digital asset market becomes regulated.”
Previously, AM Management received seed investments from Bank Foundation for Young Entrepreneurs (D-Camp) and Mashup Ventures, and pre-Series A funding from Ulsan Center for Creative Economy & Innovation and Dspread.
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