BlockTower Capital Co-founder Ari Paul has joined the advisory board of crypto trading platform, Caspian.
The company now connects to more than 25 exchanges and has 12 funds on its beta platform, with eight more clients expected later this month. It will be adding its first Over The Counter (OTC) desk as a destination during August.
It is also allowing for a defined composite order book that aggregates and displays liquidity from more than 20 exchanges with the ability to trade against it using the Caspian Smart Order Router (SOR).
Paul, the former portfolio manager for the University of Chicago’s $8 billion endowment, founded BlockTower with Matthew Goetz, an engineer who worked in investment management at Goldman Sachs for 11 years.
He comments: “Until now, cryptocurrency has mostly been limited to individual investors. Caspian provides tools that make it far easier for institutions to trade cryptocurrency and manage risk. I’m excited for the increasing institutional participation in cryptocurrency trading and investing that will be facilitated by tools like Caspian.”
“Caspian is an important part of the infrastructure necessary to usher in institutional participation in cryptocurrency. I’m excited to see the infrastructure being built that will support institutional participation in cryptocurrency markets.”
Robert Dykes, CEO of Caspian, adds: “We are very pleased to welcome Ari to the team of advisors as we build the leading full-stack crypto trading platform for institutional investors and sophisticated traders.”
“He brings a wealth of highly relevant experience to Caspian and I am really looking forward to working with him as we move into the next stage of our project.”
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