logo
logo

Coin Alpha, Inc. announced it raised $5.32 Million in an amended filing from an offering of $6.5 Million

Coin Alpha, Inc. announced it raised $5.32 Million in an amended filing from an offering of $6.5 Million

08/18/20, 7:59 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmountain view
Money raised
$5.32 million
Industry
information technology

Company Info

Company
CoinAlpha, Inc.
Location
640 west california ave
mountain view, california, united states
Additional Info
CoinAlpha (creators of Hummingbot) was founded in 2017, and is a FinTech software engineering company specializing in trading software and services for digital assets - combining expertise in data engineering, machine learning, and blockchain engineering to create trading solutions that empower companies to take control of their token liquidity. CoinAlpha created Hummingbot, the leading open-source software for building market-making and arbitrage bots. In addition, CoinAlpha operates Hummingbot Miner, the successful liquidity mining platform for centralized exchanges. Hummingbot Miner lets users of the open-source Hummingbot software earn rewards from projects - such as Algorand, Solana, and AscendEx - by running market-making bots on certain trading pairs. CoinAlpha invented the concept of liquidity mining in a 2019 whitepaper. Having started the company in 2017 as a quantitative hedge fund, CoinAlpha’s founders combine 22 years of experience in investment banking and trading at Goldman Sachs and JP Morgan with engineering and product leadership roles at Silicon Valley companies like Apple and Nitro. CoinAlpha has raised a total of $13.6 million from Initialized Capital, Bain Capital Ventures, 1kx Capital, Borderless Capital, Ironfire Ventures, Stanford-StartX Fund, and other funds and angels.

Related People