Floating Level Group, which operates a cryptocurrency prime brokerage, introduced its partnership with ML Tech, a non-custodial funding administration and buying and selling platform. With this, prospects of FlowVault will obtain entry and monitoring of ML Tech’s Algorithmic Buying and selling Methods.
FlowVault is Floating Level Group’s cryptocurrency settlement and switch platform for exchange-based buying and selling. In accordance with the corporate, its platform presents decrease buying and selling charges and broad entry to exchanges. It focuses on automation and scale, providing merchants direct entry to the trade’s API.
The combination of ML Tech goes to reinforce the providers of Floating Level Group. ML Tech, with its individually managed account (SMA) mannequin, additionally covers pre-trade/post-trade threat administration with round the clock alerting and monitoring.
“Institutional traders are in search of new sources of uncorrelated alpha in crypto markets,” Leo Mindyuk, the Co-Founding father of ML Tech, stated in a press release.
“Our partnership with Floating Level Group offers traders entry to a curated choice of institutional-quality quantitative buying and selling methods managed by ML Tech inside a safe FlowVault surroundings. With quite a lot of buying and selling methods starting from Delta Impartial Foundation and Calendar arbitrage to Market Impartial Statistical arbitrage, traders can select methods that match their threat/return urge for food and deploy them instantly by way of FlowVault.”
A Regulated Crypto Prime Dealer
Primarily based in New York, Floating Level Group leverages good order routing to offer a “single level of entry to digital foreign money markets.” It’s regulated in america and holds a VASP registration within the Cayman Islands.
The startup raised $10 million in a Sequence A funding spherical final 12 months in September from an array of enterprise capitals, together with Tribe Capital, Coinbase Ventures, and several other others. Earlier than that, it scored $2 million from enterprise capital companies, serial angel investor Naval Ravikant, and lots of mainstream monetary establishments.
In the meantime, Floating Level Group is strengthening its management with the onboarding of trade specialists. It employed former Fireblocks government, Chris Hazelton just lately as Director of Advertising, solely a month after onboarding Peter Eliades, a former JPMorgan and Wells Fargo government, because the Head of Distribution.
Floating Level Group, which operates a cryptocurrency prime brokerage, introduced its partnership with ML Tech, a non-custodial funding administration and buying and selling platform. With this, prospects of FlowVault will obtain entry and monitoring of ML Tech’s Algorithmic Buying and selling Methods.
FlowVault is Floating Level Group’s cryptocurrency settlement and switch platform for exchange-based buying and selling. In accordance with the corporate, its platform presents decrease buying and selling charges and broad entry to exchanges. It focuses on automation and scale, providing merchants direct entry to the trade’s API.
The combination of ML Tech goes to reinforce the providers of Floating Level Group. ML Tech, with its individually managed account (SMA) mannequin, additionally covers pre-trade/post-trade threat administration with round the clock alerting and monitoring.
“Institutional traders are in search of new sources of uncorrelated alpha in crypto markets,” Leo Mindyuk, the Co-Founding father of ML Tech, stated in a press release.
“Our partnership with Floating Level Group offers traders entry to a curated choice of institutional-quality quantitative buying and selling methods managed by ML Tech inside a safe FlowVault surroundings. With quite a lot of buying and selling methods starting from Delta Impartial Foundation and Calendar arbitrage to Market Impartial Statistical arbitrage, traders can select methods that match their threat/return urge for food and deploy them instantly by way of FlowVault.”
A Regulated Crypto Prime Dealer
Primarily based in New York, Floating Level Group leverages good order routing to offer a “single level of entry to digital foreign money markets.” It’s regulated in america and holds a VASP registration within the Cayman Islands.
The startup raised $10 million in a Sequence A funding spherical final 12 months in September from an array of enterprise capitals, together with Tribe Capital, Coinbase Ventures, and several other others. Earlier than that, it scored $2 million from enterprise capital companies, serial angel investor Naval Ravikant, and lots of mainstream monetary establishments.
In the meantime, Floating Level Group is strengthening its management with the onboarding of trade specialists. It employed former Fireblocks government, Chris Hazelton just lately as Director of Advertising, solely a month after onboarding Peter Eliades, a former JPMorgan and Wells Fargo government, because the Head of Distribution.
