Xalles Holdings has teamed up with Aktary Enterprises to launch cryptocurrency trading solution GioBot to capitalise on the market opportunity.
Headquartered in Texas, GioBot is a software-as-a-service company that will enable crypto traders easily implement their own unique trading strategies and automate execution of cryptocurrency trades.
By enhancing their investment processes, crypto traders can enhance their trading by systematically running single and multiple algorithmic trading strategies across a variety of centralised and decentralised venues. Its platform will also offer in-depth reporting and analytics on traders’ positions and market conditions.
With built-in scripting support, traders will be able to modify strategies to account for changing market conditions.
The business will be led by Paul Giordano, who previously founded and led Tamalpias Asset Management, a $350mm assets under management hedge fund.
Giordano said, “Traders in the volatile and dynamic crypto market will significantly benefit by having access to the same type of tools and capabilities that traditional asset class institutional traders have been using for years.
“Leveraging GioBot will give our customers the edge they need to maximize their capital return potential in this rapidly evolving environment.”
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