Join Our Mailing List
Saturday February 04, 2023
Bitcoin (BTC) $23,373.26   Ethereum (ETH) $1,662.51
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Capital Raising

AlgoTrader’s Series A raise reaches over CHF 5M with investment from FinLab EOS VC Fund

Published by CryptoNinjas.net
12/14/2020
AlgoTrader’s Series A raise reaches over CHF 5M with investment from FinLab EOS VC Fund

AlgoTrader, an institutional-grade algorithmic trading software solution available for crypto markets, today announced that Finab EOS VC Fund has invested a seven-digit amount into the company. This investment enlarges the company’s Series A round to CHF 5.2 million. The Series A round was led by Credit Suisse Entrepreneur Capital Ltd. joined by investiere, Blockchain Valley Ventures, and NeueCapital.

FinLab EOS VC Fund is a partnership between Block.one, the publisher of the blockchain software protocol EOSIO, and FinLab AG (ISIN: DE0001218063; Ticker: A7A.GR), one of the first and largest investors in financial services technologies and blockchain in Europe.

AlgoTrader AG provides a software solution for fully integrated and automated quantitative trading and trade execution for both traditional and digital assets. With its recently released platform, WIRESWARM, the company also provides a robust, mission-critical gateway for trading and execution of digital assets. With its leading quantitative strategy design, testing, automation, and trade execution platform across all asset classes, AlgoTrader enables banks, brokers, OTC desks and market makers to connect to, and interact seamlessly with the world’s most liquid and regulated digital asset and cryptocurrency trading and execution venues.

“Since our inception, AlgoTrader has built one of the world’s most powerful quantitative trading and trade execution platforms on the market. Through our extended Series A round we are backed by capital that is coupled with the comprehensive expertise and broad network of our investor base, who will support us to scale even further,” said Andy Flury, CEO of AlgoTrader AG.

“Digital assets have increasingly gained prominence among investors. Therefore, institutional traders and banks now have the challenge of providing their clients with professional and secure access to this emerging asset class,” said Juan Rodriguez, Managing Director of FinLab EOS VC Fund.

“AlgoTrader closes this gap with their trading and execution platform and we are convinced that it will become the leading engine for both traditional and digital assets. In addition to an algorithmic trading solution, which offers the highest usability and functionality for investors and issuers, and we also believe in the company’s management team, which consists of complementary skill sets and experienced managers with institutional finance backgrounds,” he added.

AlgoTrader AG is also taking the next technological step through the utilization of Block.one’s EOSIO protocol. “With expensive traditional audit procedures becoming void through the data persistence and security that comes along with the utilization of blockchain technology, we are enabling further efficiency by integrating EOSIO, the most highly performant, scalable and reliable blockchain solution on the market,” said Bartosz Wojcik, CTO of AlgoTrader AG.

5
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Source: algotrader.com

Related News

The Pros and Cons of Decentralized Exchanges for Financial Institutions

10/14/2021
The Pros and Cons of Decentralized Exchanges for Financial Institutions

Decentralized Exchanges (DEXs) have been one of the main drivers of decentralized finance (DeFi), thus raising considerable interest from institutional investors. But as DEXs strongly differ from traditional trading venues, financial institutions should be...

Read more

AlgoTrader and Peer Energy develop carbon-compensated bitcoin trading network

09/23/2021
AlgoTrader and Peer Energy develop carbon-compensated bitcoin trading platform

AlgoTrader, a technology provider for institutional-grade cryptocurrency asset trading, and Peer Energy, a sustainable technology innovator, announced today a new partnership to develop carbon-compensated crypto trading for banking clients. Their product, the Green Bitcoin...

Read more

AlgoTrader partners with AiX to offer instant inter-trader connectivity for crypto traders

12/10/2020
AlgoTrader partners with AiX to offer instant inter-trader connectivity for crypto traders

AlgoTrader, an end-to-end quantitative and algorithmic trading software solution that supports both digital and traditional assets, today announced a new partnership with UK-based AiX, a fully automated OTC desk for aggregating market makers. AiX´s...

Read more

Crypto trading platform AlgoTrader deepens liquidity with Blockfills

09/08/2020
Crypto trading platform AlgoTrader deepens liquidity with Blockfills

AlgoTrader, an institutional quantitative trading and execution platform, today announced it has partnered with Blockfills to provide financial institutions with a secure gateway to the deepest crypto and digital asset liquidity globally. Blockfills is...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy