Tread.fi, a NYC-based high-performance algorithmic trading infrastructure company for institutional digital asset firms, raised $3.5m in pre-seed funding round.
The round was led by New Form Capital with participation from Aquanow, and Varys Capital.
Led by David Jeong, CEO, Tread.fi provides high-performance algorithmic trading infrastructure for institutional digital asset firms. Its platform contains features for efficient and effective trading, including advanced execution algorithms, low-latency direct market access, comprehensive transaction cost analysis, and portfolio management tools. It also includes a proprietary multi-party, peer-to-peer internal crossing engine to help firms reduce overall trading costs by netting out active trades, resulting in only residual imbalances being executed through external liquidity sources.
FinSMEs
12/07/2024