We are pleased to announce the cooperation between Amazing Blocks and AlgoTrader, “the leader in alpha generation technology for financial institutions”. The Swiss-based company provides clients with algorithmic trading software to automate complex quantitative trading strategies in different markets. Its clients include hedge funds and trading companies. AlgoTrader and Amazing Blocks share a common goal to make the digital asset market accessible to a wider audience. Therefore, through this partnership, AlgoTrader will have the opportunity to offer tokenized shares to its clients while providing a secondary market for assets tokenized by Amazing Blocks. This partnership further extends our network and is another step towards providing our customers with the best possible all-round package when it comes to tokenizing assets of all kinds.
AlgoTrader is an institutional-grade quantitative trading and trade execution solution for conducting quantitative research, trading strategy development, strategy back-testing and automated trading for both traditional finance and crypto finance. AlgoTrader provides everything a buy-side or sell-side firm requires for quantitative order and execution management. It was the first quantitative trading and trade execution solution to allow automated trading of Bitcoin and other digital assets. Based in Zurich, New York, and Singapore, AlgoTrader operates globally. Their recent Series A capital raise has reached CHF 5.2 million following a 7-digit investment from FinLab AG EOS VC Fund.
About Amazing Blocks
Amazing Blocks, founded in 2020 in Liechtenstein, developed a solution with which technology and the law (i.e., Liechtenstein Token Act) are seamlessly integrated. It is the perfect solution for tokenization projects (e.g., real estate, cars, machines): To be precise, this means flexible tokens (e.g., equity tokens or debt tokens or participation rights as tokens) in accordance with the Liechtenstein Token Act — which from a foreign point of view then represent, e.g., a normal (un-traded) security. We were the first to tokenize real equity of an AG in Liechtenstein leveraging our own solution, resulting in 600 Amazing Blocks tokens. They have been assigned with an ITIN by ITSA and can be seen on Etherscan here. These tokens effectively prove that the Liechtenstein model seamlessly merges tech and law. Furthermore, a Liechtenstein bank is also no longer needed, because the share capital for the new AG can be provided by cryptocurrencies such as ETH if desired. In the future, we will not only support our clients in tokenizing assets but also work with our entire network to create a true token economy. In this context, the cooperation with Blocksize Capital is of great importance for us in order to provide our clients with the necessary tools for the digital asset market.
Goals and opportunities
The cooperation between Amazing Blocks and AlgoTrader enables Amazing Blocks to provide its clients with a complete and professional service on their way to establishing a digital entity of their company. AlgoTraders goal to offer its services for all types of assets can be extended to include tokenized shares or security tokens.
Amazing Blocks and AlgoTrader are joining forces to provide business owners and trading companies with the best infrastructure to establish themselves in the new era of digital finance and digitized capital markets. In the future, assets of all kinds will be issued tokenized and represented on a blockchain. Together, we are building the infrastructure to make the vision of a token economy a reality. This partnership will allow customers of both companies to enter the market more conveniently while enjoying absolute legal certainty. The concept of a complete solution that is both simple and efficient is the goal, and together we are once again a big step closer to achieving it.