Digital asset investment firm LedgerPrime raises $12 million
Fri, 08 Mar 2019, 06:27 am UTC
Founded in 2017, LedgerPrime is a subsidiary of Ledger Holdings Inc., which also owns crypto futures platform LedgerX. It started trading in the spot and derivatives markets for cryptocurrencies in the final quarter of 2017.
“The raise is reflective of LedgerPrime’s track record and success through the 2018 crypto crash, and shows the opportunity associated with trading cryptocurrency derivatives and the demand for strategies that can generate returns in both bear and bull markets,” LedgerPrime chief investment officer Shiliang Tang told CoinDesk.
LedgerPrime is a quantitative and systematic digital asset investment firm. It has set up an in-house research environment, LedgerPrime Labs, which provides a platform for existing and aspiring quantitative strategists and researchers to come together to put their best ideas to test.
The firm is led by Tang, who has spent eight years as a derivatives trader on the proprietary trading desks at UBS and Merrill Lynch, and CTO Dr. Johannes van Zeijts, a former portfolio manager at Quantbot Technologies.
<Copyright © TokenPost. All Rights Reserved. >