AM Management, which provides quantitative-based digital asset investment solutions, announced on the 12th that it has attracted additional Series A investment from Ruth Ventures.
This additional investment has once again proven AM Management’s continued growth potential and global competitiveness. Last year, AM Management attracted Series A investment from J-CAM, which owns Bitlanding, Japan’s No. 1 virtual asset custodian, as a subsidiary.
The investment review officer at Ruth Ventures explained, “AM Management has built up a track record of operating global virtual assets based on differentiated quantitative strategies, and has a team with excellent development capabilities.” He added, “The key reasons for this additional investment are that it has demonstrated stable business operations and quick execution capabilities even in the volatile virtual asset market, while also achieving excellent returns.”
Kim Ho-joong, CEO of AM Management, said, “We can see the rapid growth of the overseas digital asset market, such as the Bitcoin ETF’s AUM exceeding 160 trillion won, exceeding the AUM of the gold ETF in December 2024,” and “We are currently collaborating with the financial sectors of Korea and Japan, and once the Korean digital asset market is included in the institutional system, our goal is to become a ‘renaissance technology’ in the digital asset industry by collaborating with the financial sector.”
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