SignalPlus Automates Crypto Options Market Making, Plans AI & Quantum Integration
Blockcast, a leading crypto podcast hosted by Takatoshi Shibayama, Head of APAC at Ledger, has discussed the future of crypto options with guests like Samar Sen, Jason Choi, and Charles Hoskinson. Meanwhile, Berlin-based SignalPlus, founded by Alex Chen and Chris Yu in 2021, is automating market making and risk management with a robotic system.
Chris Yu, co-founder of SignalPlus, sees the current state of crypto options mirroring the FX options market around the year 2000. He views this as an opportunity to build scalable infrastructure. SignalPlus, with market making infrastructure for structured products, aims to address key gaps in the crypto options market.
Yu identifies managing a 24/7 market as a significant challenge in crypto trading. To tackle this, SignalPlus is developing a robotic system to automate market making and risk management. The company also plans to integrate AI and quantum computing into its systems for further automation. SignalPlus offers trading tools and portfolio management services, adopting a volume-based revenue model.
SignalPlus, under the leadership of Alex Chen and Chris Yu, is transforming the crypto options landscape. With its automated market making and risk management systems, and plans to integrate AI and quantum computing, the Berlin-based company is poised to make a significant impact. Meanwhile, Blockcast continues to explore these innovations and more with industry experts.
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