Hong Kong, Liquidity 2023 Summit – At the opening of the Liquidity 2023 summit, Jack Yang, Founder and CEO of LTP (LiquidityTech Protocol), announced the launch of a $100 million quantitative incubation fund. This initiative is designed to support the growth of emerging quantitative trading companies within the digital asset space, fostering innovation and strengthening the overall ecosystem.
The quantitative incubation fund will provide financial backing and resources to up-and-coming firms that are working on innovative strategies in quantitative trading. The goal is to empower these companies to scale, enhance their operations, and contribute to the advancement of the industry.
Jack Yang emphasized the importance of industry-wide collaboration in building a sustainable and secure digital asset ecosystem. He noted that the success of the industry will depend on the cooperation of all participants, including exchanges, banks, custodians, primary brokers, and clearing and settlement parties. Yang's message stressed that these stakeholders must work together to ensure that the trading ecosystem remains safe, transparent, and compliant.
The summit's theme, "Liquidity 2023: Rebuilding Trust and Improving Security for a Better Future," highlights the critical need for greater collaboration and innovation within the digital asset sector. As digital assets continue to grow in prominence, the summit’s discussions addressed the evolving needs for trust, transparency, and security to ensure sustainable industry development.
Leading industry players participated in this summit, including prominent trading institutions, digital asset banks, exchanges, custodians, investment banks, and regulatory agencies. The event provided a platform for sharing insights into the cutting-edge trends and future development directions in digital asset trading, highlighting the evolving landscape and the role of quantitative strategies in shaping its future.
LTP’s Launch of the Fund is a significant step towards fostering industry growth, supporting startups, and addressing some of the challenges faced by quantitative trading firms. With the backing of this fund, LTP aims to propel the industry forward, driving greater efficiency, innovation, and growth within digital asset markets.
About LTP
LTP is a global institutional prime brokerage firm powering the future of virtual asset markets. LTP bridges traditional finance and blockchain innovation by delivering customer protected, regulated, secure, and scalable solutions to proprietary trading firms, hedge funds, asset managers, and financial institutions. LTP actively collaborates with regulators, industry partners, and academics to advance the global virtual asset economy.
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