FLUID is a game-changer for the virtual assets industry in liquidity aggregation and provides high throughput, ultra-low latency and costs, and zero counterparty risk through AI quant-based solutions
FLUID, the ultra-low latency liquidity aggregator that uses AI quant-based models to tackle inefficient fragmented liquidity in virtual asset markets, has raised $10 million in funding led by prominent blockchain investors GSR, Ghaf Capital, and 21Shares. The funding will aid the team in realizing their vision for connected liquidity; providing users access to the best real-time pricing, and liquidity for smaller venues such as exchanges, by lowering spreads and latency.
FLUID intends to significantly disrupt the way liquidity works in the blockchain and cryptocurrency space. Its proprietary smart order book offers high throughput at ultra-low fees and minimal latency by using machine learning and quantitative-based methodologies used in the high-frequency trading world.
The team is led by seasoned ex-bankers and fintech experts from Bank of America, Goldman Sachs, BlackRock, and Jefferies. FLUID aims to tackle inefficiencies caused by fragmented liquidity – a multi-trillion-dollar market problem in the virtual assets space – and will enhance liquidity across spot trading, derivatives, futures, synthetics, tokenized assets, and security token offerings. Becoming the future of liquidity aggregation will resolve this issue, benefiting DeFi, CeFi, NFTs, and other tokenized assets across retail and institutional verticals.
“We are delighted to have the backing of top institutional investors, partners, and the involvement of a world-class dedicated team to build our AI quant-based crypto liquidity aggregation system. The current technology used to aggregate virtual liquidity is many years behind that used by mainstream hedge funds and trading desks at traditional financial institutions, leading to high fees and high latency in the crypto industry. FLUID will transform the virtual assets industry by solving a number of combined challenges that arise from fragmented liquidity which remain unresolved today. In effect, we provide retail and institutional investors access to a secure, robust framework for participation in the virtual assets market,” said Ahmed Ismail, President & CEO, of FLUID.
FLUID’s AI quant-based engine is the system’s core and is being developed by FLUID’s CTO, Jason Jiang, who has over 23 years of experience at Goldman Sachs and BlackRock with a focus on creating quant-based high-frequency models for trading on liquidity aggregators in traditional finance and recently digital markets.
FLUID is aiming to launch in May of this year. To learn more about FLUID please visit http://www.fluid.finance.
FLUID is the ultra-low latency CeDeFi liquidity aggregator that uses AI quant-based models to tackle fragmented liquidity in virtual asset markets.
Many physical and digital assets will be tokenized in the future. FLUID intends to capitalize on the multi-trillion-dollar tokenized market volume potential across spot, futures, derivatives, synthetics, STOs, tokenized assets, and more.
FLUID is driven by a seasoned senior team with diversified experience in tier one financial institutions such as Bank of America, Goldman Sachs, BlackRock, Jefferies, UBS, and founders of leading regulated digital assets OTC trading desks, quantitative firms, and popular blockchain companies.
FLUID is the future of liquidity aggregation, transformed.
Learn more about FLUID
About FLUID’s Technology
FLUID’s stack is a game-changer for the crypto industry and comprises an Information Exchange that produces historical and time-based market analysis, quant algorithm data exchange and risk scoring compliance, and an Intelligence Engine that consists of a smart order routing engine, hyper-scale machine learning engine, and global smart order book matching engine.
About FLUID’s CEO – Ahmed W Ismail
After his time at Bank of America as a senior investment banker, Ahmed was the youngest CEO for Jefferies in the Middle East from 2014, and in 2018 went on to co-found HAYVN which is the first regulated institutional digital assets trading desk in the Middle East.