Kronos Research

Kronos Research is a quantitative trading firm and cryptocurrency market maker founded in 2018. The company focuses on high-frequency trading (HFT), market making, and arbitrage within the digital asset space. It was established in Taiwan by co-founders Mark Pimentel and Jack Tan, who met at Carnegie Mellon University. Pimentel has a background in high-frequency trading at firms like Citadel and Knight Capital, while Tan previously worked in traditional finance at BNP Paribas, Citi, and Deutsche Bank.

The firm's core business involves providing liquidity to cryptocurrency exchanges, both centralized (CEXs) and decentralized (DEXs), to reduce volatility and facilitate smoother trading. Kronos Research employs advanced trading technologies and quantitative strategies, including machine learning and AI models, to analyze vast amounts of market data and identify trading opportunities. It operates on a global scale, with hundreds of servers in numerous data centers to ensure low-latency execution. The company's services include designated market making, token market making, asset management for institutions, and project token advisory.

In 2019, Kronos Research incubated the WOO Network, a deep liquidity network designed to address insufficient and costly liquidity across the crypto market. Kronos acts as a key liquidity provider and market maker for WOO Network's platforms, WOO X (a CEX) and WOOFi (a DEX), creating a symbiotic relationship where WOO Network enhances Kronos's core market-making business. The firm also has a venture capital arm that invests in early-stage founders in the blockchain and cryptocurrency sectors.

Keywords: quantitative trading, crypto market maker, high-frequency trading, liquidity provision, digital assets, cryptocurrency, CeFi, DeFi, arbitrage, asset management, venture capital, algorithmic trading, WOO Network, Mark Pimentel, Jack Tan, HFT, token market making, exchange market making, blockchain, financial technology