
Fractal Wealth
Algorithmic cryptocurrency trading and liquidity provision.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
$4.0m | Early VC | ||
Total Funding | 000k |
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Fractal Wealth, founded in 2017 by Carson Cook, is a financial technology firm specializing in cryptocurrency trading. The company operates as a proprietary algorithmic trading firm, utilizing its strategies to source and provide liquidity in the digital asset markets. By employing algorithmic approaches, Fractal Wealth aimed to offer unique liquidity solutions to a diverse institutional client base.
The firm's business model centered on its proprietary digital asset trading platform, which used algorithmic strategies to offer liquidity. In 2019, Fractal Wealth joined the OTCXN network, a blockchain-powered capital markets infrastructure company. This partnership allowed Fractal Wealth to act as a unique source of liquidity for OTCXN's clients and to trade programmatically on its ECN, LiquiMatch. A key feature of this collaboration was the ability for Fractal Wealth to operate with a single collateral account at their custodian on the network, which was designed to mitigate counterparty and centralized exchange hacking risks, major barriers to institutional adoption of digital assets.
According to external analysis, Fractal Wealth is now considered a deadpooled company.
Keywords: algorithmic trading, cryptocurrency trading, digital asset liquidity, proprietary trading, financial technology, institutional crypto, liquidity provision, algorithmic strategies, OTC trading, blockchain capital markets, digital asset trading, crypto market making, institutional finance, proprietary algorithms, quantitative trading