ML Tech, a Miami, FL-based provider of a non-custodial digital asset investment management platform, raised $1.9M 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 adding diverse trading strategies, new asset classes, and support for additional exchanges, and invest in client 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, supplemented with 24*7 risk management and advanced performance analytics. Trading teams benefit from access to institutional capital (+$100 million capital to be deployed), low fees across multiple exchanges and easy integration to crypto exchanges.
