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Blockchain.com acquires assets of AI-powered crypto OTC firm AiX

Published by CryptoNinjas.net
05/04/2021
Blockchain.com acquires assets of AI-powered crypto OTC firm AiX

It was announced today that crypto wallet and exchange provider Blockchain.com has acquired the business of AiX, the providers of an AI-powered negotiation and matching engine for crypto OTC traders. The AiX team brings deep engineering, trading, and operational expertise from some of the world’s most respected financial institutions, including JP Morgan and Goldman Sachs.

AiX CEO, Jos Evans spent 15 years trading and broking in derivatives markets. he previously launched and sold a brokerage, which was a pioneer in creating new commodity derivatives. AiX COO, Taylor Cable held a number of roles — including Senior Trader, Project Manager, and Portfolio Manager — at Louis Bacon’s Moore Capital Management for over 15 years.

“When we raised our Series C last month, I shared our vision to aggressively expand our products, grow our customer base, and pursue M&A opportunities that bring new products and ideas into the company. Given that our Institutional Markets businesses are rapidly growing, it’s fitting that AiX join us to accelerate the development of products and solutions for Institutions.”
– Peter Smith, CEO of Blockchain.com

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