Proprietary Trading in Digital Assets with Ryan Sheftel

Today’s guest on the Fortune Teller Podcast is Ryan Sheftel, CEO of Radkl. Radkl is a new quantitative trading firm bringing institutional-grade experience from Wall Street to the crypto markets by applying quantitative models to digital assets across blockchains. These quantitative methods include sophisticated, high-speed, computerized trading models for the purposes to invest in cryptocurrencies, digital assets, and the “decentralized finance” sectors.

With Radkl, one will be able to use electronic market-making on crypto exchanges, with citing prices for an asset during the course of the day and profiting off of the spread between the prices at which the crypto currencies buys and sells. In addition, Radkl aims to be able to execute bilateral trades of digital assets with other companies, such as crypto hedge funds.

Radkl is a company that will begin to start proprietary trading in digital assets, from bitcoin to the fast-growing decentralized finance market. In addition, the firm could make trades that keep prices of the ETFs in line with the crypto currency. Radkl is focusing in on building a team of engineers, data scientists and other world-class technologists to accomplish these, and other goals.

One of the largest investors into Radkl is Steven Cohen, the billionaire hedge fund manager of Point 72 Asset Management. Radkl is being launched by partners of GTS, a company that trades as much as a billion shares of U.S. stocks a day. It should be noted that Steven Cohen will not be involved in the day-to-day operations of Radkl.

It is the support of investors like Cohen, and the involvement of large institutions that have helped to propel the market for crypto to reach new heights, and it is with Radkl that they will be able to reach their goals.

Radkl’s goals include the pioneering and implementing of radical alterations in financial technology as will yield unequaled ratios in the global markets and their respective economies. As cryptocurrencies as a market has reached a $2 trillion asset class, the market is still in the very early stages of institutional adoption. When additional professional investors enter the crypto market, the need arises for an institutional player like Radkl to engage in more digital asset transactions.

There is no other firm with the proven finance and technology expertise of Radkl in the crypto space at this point. Radkl has both the capabilities and the passion to be a fundamental player in the evolution of both Centralized Finance and Decentralized Finance.

For more:
https://radkl.io/
https://twitter.com/radklcrypto
https://www.linkedin.com/company/radkl/

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The Fortune Teller podcast is a discussion between industry leaders in blockchain and financial technologies. The podcast focuses on the development of blockchain-based financial services and outlines the current state of the industry and future predictions for the adoption of decentralized finance. Go to www.teller.finance/