DeFi firm, Akkrue Capital, closes first funding round with support from DHF
January 22, 2024390 views0 comments
Business a.m. Reporter
Akkrue Capital, a non-custodial asset management platform which offers a transformational approach to create and execute digital asset strategies across any market chain, said it successfully concluded its seed funding round in September 2023.
The seed funding round was supported by DHF Capital S.A., a leading Luxembourg based investment management firm, which has now strategically grown its portfolio company offerings to now include Akkrue Capital.
In a statement made available to Business a.m. over the weekend, Bas Kooijman, chief executive officer of DHF Capital S.A., offered reason for participating in the funding round thus: “We are proud to support Akkrue Capital on their journey to success. At DHF Capital S.A. we believe in the power of visionary partnerships and innovative ideas, and Akkrue Capital embodies both. This successful partnership is a testament to our commitment to fostering innovation and supporting challenger and forward-thinking financial institutions. We look forward to a fruitful partnership with Akkrue Capital and anticipate remarkable growth and achievements together.”
Oliver von Wolff, Akkrue Capital’s founder and chief executive officer, speaking on the next step for the company said: “Having DHF Capital S.A. as our partner is a significant endorsement of Akkrue Capital’s mission in digital finance asset management. Their trust and partnership energise our push into decentralised finance, targeting institutional investors and UHNW individuals. This alliance not only validates our vision but also propels us towards achieving global impact and remarkable milestones in DeFi.”
According to the statement the capital from this round will be directed towards advancing Akkrue Capital’s innovative financial products and services, with the company explaining that “Our focus is on providing unparalleled solutions that cater to the unique needs of businesses, institutions, banks, and UHNW individuals, simplifying their navigation through the complex and ever-evolving digital asset landscape.”
It added that Akkrue Capital’s technological strength lies in its vault engine, allowing quick development of fully audited, structured financial products across different DeFi protocols with a user-friendly drag and drop interface. The platform’s ‘advisors’, powered by advanced algorithms and AI, manage assets in vaults with diverse, optimised strategies.
The stated further noted that the OBEX (Order Balancer & Executioner) is a standout feature, serving as a bridge across the DeFi ecosystem, adding that it optimises asset movement, boosts transaction efficiency, and cuts costs, and that this positions Akkrue Capital as a pioneer, seamlessly implementing complex investment strategies across protocols.
The completion of Akkrue Capital’s seed funding round, supported by DHF Capital S.A. marks a significant milestone. Positioned as a pioneer, Akkrue Capital excels in implementing advanced investment strategies across diverse DeFi protocols. As the company embarks on this exciting venture, its attention shifts from mere expansion to the establishment of an enduring legacy within the ever-evolving digital asset management landscape.