Floating Point Group Integrates ML Tech for Offering Algo Trading Strategies


Floating Point Group, which operates a cryptocurrency prime brokerage, announced its partnership with ML Tech, a non-custodial investment management and trading platform. With this, customers of FlowVault will receive access and monitoring of ML Tech’s Algorithmic Trading Strategies.

FlowVault is Floating Point Group’s cryptocurrency settlement and transfer platform for exchange-based trading. According to the company, its platform offers lower trading fees and broad access to exchanges. It focuses on automation and scale, offering traders direct access to the exchange’s API.

The integration of ML Tech is going to enhance the services of Floating Point Group. ML Tech, with its separately managed account (SMA) model, also covers pre-trade/post-trade risk management with round-the-clock alerting and monitoring.

“Institutional investors are looking for new sources of uncorrelated alpha in crypto markets,” Leo Mindyuk, the Co-Founder of ML Tech, said in a statement.

“Our partnership with Floating Point Group provides investors access to a curated selection of institutional-quality quantitative trading strategies managed by ML Tech within a secure FlowVault environment. With a number of trading strategies ranging from Delta Neutral Basis and Calendar arbitrage to Market Neutral Statistical arbitrage, investors can choose strategies that fit their risk/return appetite and deploy them directly via FlowVault.”

A Regulated Crypto Prime Broker

Based in New York, Floating Point Group leverages smart order routing to provide a “single point of access to digital currency markets.” It is regulated in the United States and holds a VASP registration in the Cayman Islands.

The startup raised $10 million in a Series A funding round last year in September from an array of venture capitals, including Tribe Capital, Coinbase Ventures, and several others. Before that, it scored $2 million from venture capital firms, serial angel investor Naval Ravikant, and many mainstream financial institutions.

Meanwhile, Floating Point Group is strengthening its leadership with the onboarding of industry experts. It hired former Fireblocks executive, Chris Hazelton recently as Director of Marketing, only a month after onboarding Peter Eliades, a former JPMorgan and Wells Fargo executive, as the Head of Distribution.

Floating Point Group, which operates a cryptocurrency prime brokerage, announced its partnership with ML Tech, a non-custodial investment management and trading platform. With this, customers of FlowVault will receive access and monitoring of ML Tech’s Algorithmic Trading Strategies.

FlowVault is Floating Point Group’s cryptocurrency settlement and transfer platform for exchange-based trading. According to the company, its platform offers lower trading fees and broad access to exchanges. It focuses on automation and scale, offering traders direct access to the exchange’s API.

The integration of ML Tech is going to enhance the services of Floating Point Group. ML Tech, with its separately managed account (SMA) model, also covers pre-trade/post-trade risk management with round-the-clock alerting and monitoring.

“Institutional investors are looking for new sources of uncorrelated alpha in crypto markets,” Leo Mindyuk, the Co-Founder of ML Tech, said in a statement.

“Our partnership with Floating Point Group provides investors access to a curated selection of institutional-quality quantitative trading strategies managed by ML Tech within a secure FlowVault environment. With a number of trading strategies ranging from Delta Neutral Basis and Calendar arbitrage to Market Neutral Statistical arbitrage, investors can choose strategies that fit their risk/return appetite and deploy them directly via FlowVault.”

A Regulated Crypto Prime Broker

Based in New York, Floating Point Group leverages smart order routing to provide a “single point of access to digital currency markets.” It is regulated in the United States and holds a VASP registration in the Cayman Islands.

The startup raised $10 million in a Series A funding round last year in September from an array of venture capitals, including Tribe Capital, Coinbase Ventures, and several others. Before that, it scored $2 million from venture capital firms, serial angel investor Naval Ravikant, and many mainstream financial institutions.

Meanwhile, Floating Point Group is strengthening its leadership with the onboarding of industry experts. It hired former Fireblocks executive, Chris Hazelton recently as Director of Marketing, only a month after onboarding Peter Eliades, a former JPMorgan and Wells Fargo executive, as the Head of Distribution.



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