Caspian, the full-stack crypto trading, portfolio and risk management platform for professional traders and investors, announced today that Tyr Capital has chosen its platform for managing the day-to-day operations of their cryptocurrency fund.
Tyr’s founders were looking for an investment platform with the capabilities and service levels they grew accustomed to when operating in the traditional institutional markets.
The Caspian platform enables Tyr to trade across all exchanges and OTC desks with the help of algorithmic trading tools, stay within their compliance limits and monitor their live risk and exposure using the Caspian fully-integrated portfolio management system.
“When starting our fund, we spoke to a number of technology providers and Caspian was the only one that understood the requirements of an institutional firm. Their platform is similar to trading and portfolio management systems seen in the traditional markets and therefore integrates well with our banks, custodians and fund administrators. Caspian has not only improved the efficiency of our operations but has also given us an additional edge versus our competition.”
“Until recently, institutional involvement in digital assets has been limited, in part because funds did not have the necessary technology to participate in an effective and compliant way. Now, with comprehensive and intuitive platforms like Caspian, the floodgates have been opened for institutional money to flow into the market. We’re thrilled to be working with Tyr Capital and expect they will be a beneficiary of this new market dynamic. We look forward to helping them scale their business.”