
Technical MLa Miami, FL-based provider of a non-custodial digital asset investment management platform, raised $1.9 million in funding.
The round was joined by Belvedere Strategic Capital, Hyperithm and Nascent.
The company intends to use the funds to expand its current offerings by adding different trading strategies, new asset classes and support for additional exchanges, and to invest in customer acquisition, growth and marketing.
Led by CEO Leo Mindyuk, ML Tech allows institutional investors to invest in algorithmic trading strategies that run on its high frequency/low latency infrastructure, complete with 24*7 risk management and advanced performance analytics. Trading teams benefit from access to institutional capital (+$100 million of capital to be deployed), low fees on multiple exchanges, and easy integration into crypto exchanges.
FinSMEs
02/01/2023