Tread.fi, a trailblazing algorithmic trading infrastructure company, has emerged onto the scene with a groundbreaking approach to institutional crypto trading. The company’s launch coincides with the announcement of a successful $3.5 million pre-seed funding round, marking a significant milestone in its journey to revolutionize the digital asset market.
Led by New Form Capital, renowned for its investments in disruptive technologies, the funding round also saw participation from Aquanow and Varys Capital, underscoring the industry’s confidence in Tread.fi’s innovative solutions.
At the core of Tread.fi’s offering is a sophisticated trading platform tailored specifically for institutional traders. Boasting advanced execution algorithms, low-latency direct market access, and robust portfolio management tools, Tread.fi empowers institutions to navigate the complexities of the crypto market with unparalleled efficiency and control.
A key distinguishing feature of Tread.fi is its provision for private on-premise trading, allowing clients to host their trading engines securely on their own servers. This capability not only enhances trading privacy but also eliminates commission fees, providing a compelling advantage in the cost-sensitive realm of crypto trading. The platform further enhances flexibility with a transparent, fixed annual licensing fee structure.
Leading the charge at Tread.fi is David Jeong, formerly Vice President of quantitative research at Morgan Stanley. Jeong’s Wall Street pedigree brings a wealth of expertise to Tread.fi, where he has assembled a team of top-tier quantitative researchers and developers in Bangkok and New York.
“We saw an opportunity to redefine institutional digital asset trading by leveraging cutting-edge technology,” remarked David Jeong, CEO of Tread.fi. “Tread.fi is the culmination of this vision – a platform designed to modernize trading practices while meeting the exacting standards of both buy-side and sell-side participants.”
Industry leaders have already taken notice of Tread.fi’s potential to reshape institutional crypto trading. Alex Marinier, Founder and General Partner at New Form Capital, emphasized, “Tread.fi’s innovative tools are poised to empower the next generation of sophisticated trading firms in the digital asset space.” Michael Kwok, Head of Corporate Development at Aquanow, echoed this sentiment, highlighting Tread.fi’s role in enhancing market efficiency and confidence.
Editorial Opinion:
Tread.fi’s entry into the institutional crypto trading sector signifies a pivotal moment for the industry. By addressing critical pain points such as privacy, cost-efficiency, and technological sophistication, Tread.fi is poised to attract a new wave of institutional investors to the burgeoning digital asset market. The platform’s emphasis on transparency and control not only aligns with evolving regulatory expectations but also sets a benchmark for best practices in digital asset trading.
With seasoned leadership and a robust technological foundation, Tread.fi stands at the forefront of driving industry standards higher. As institutional interest in crypto assets continues to grow, Tread.fi’s commitment to innovation positions it favorably to capitalize on this expanding market opportunity.
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