New Pyth Data Provider: ML Tech

ML Tech joins the Pyth Network to provide proprietary pricing data on crypto assets and explore contributing data for other asset classes as the network scales. We're in great company with other contributors such as Jump Trading, Two Sigma and Galaxy Digital.

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ML Tech, a FinTech company building the next-generation trading platform within the crypto asset space, is joining the Pyth network to contribute its crypto-asset market data.

Who is ML Tech?

  • ML Tech was founded in 2020 in Chicago, Illinois, by Leo Mindyuk (CEO) and Markus Leballeux (CTO).
  • ML Tech provides researchers the opportunity to test and execute their strategies with institutional investors looking for novel strategies to deploy their capital.
  • ML Tech platform leverages cutting-edge AI solutions to help produce new trading strategies at an industry-leading pace. Strategies can rely on our robust HFT capabilities to generate steady and consistent returns.
  • In 2021, ML Tech’s monthly trading volume grew 57 times: from $42M to $2.4B.

“Our mission at ML Tech is to democratize high-frequency trading in the crypto market, in doing so, it is critical for market participants to have access to trusted, high-quality data,” says ML Tech Co-founder and CEO Leo Mindyuk. “We are excited to leverage our latency optimized framework to solve challenges with the Pyth team and community and further expand in DeFi.”

We look forward to further coordinating with amazing partners to establish a digital marketplace of institutional grade, high fidelity financial data to power any financial dApps regardless of their blockchain base and offer the best data to the world.

ML Tech Website: https://mltech.ai/

Pyth Network: https://pyth.network/

Press Release: https://www.globenewswire.com/news-release/2022/03/02/2395485/0/en/ML-Tech-Joins-the-Renowned-Pyth-Network-to-Bring-Trusted-Market-Data.html

We cannot wait to hear what you think! Feel free to join us on the Pyth Discord server, follow Pyth on Twitter, and Telegram to learn more, and ask any questions you may have.

Previous data providers announcements:

GTS

LMAX

Virtu Financial

BSX

Genesis Global Trading

FTX

CTC

Akuna Capital

IEX Cloud

CMS

CoinShares

Cumberland DRW

XR Trading Bitso

KGI Securities (Singapore)

Hudson River Trading

Susquehanna

Jane Street

Bitstamp

DV Chain

Amber Group

Galaxy Digital

GMO Coin

MEMX

Flow Traders

Gate.io

GHCO

0x

OSL

Two Sigma Securities

Alameda Research

Belvedere

DeFi Technologies Inc.

Tower Research Capital

XBTO

Apifiny

CDAP

Talos

JST Capital

Three Arrows Capital

PEAK 6

G-Research

Amberdata

 


ML TECH CAPITAL, LLC IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. ML TECH CAPITAL, LLC HAS ENGAGED OR MAY ENGAGE IN UNDERLYING OR SPOT VIRTUAL CURRENCY TRANSACTIONS IN MANAGED ACCOUNT PROGRAMS. ALTHOUGH NFA HAS JURISDICTION OVER ML TECH CAPITAL, LLC AND ITS MANAGED ACCOUNT PROGRAMS, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY FOR UNDERLYING OR SPOT MARKET VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS. YOU SHOULD ALSO BE AWARE THAT GIVEN CERTAIN MATERIAL CHARACTERISTICS OF THESE PRODUCTS, INCLUDING LACK OF A CENTRALIZED PRICING SOURCE AND THE OPAQUE NATURE OF THE VIRTUAL CURRENCY MARKET, THERE CURRENTLY IS NO SOUND OR ACCEPTABLE PRACTICE FOR NFA TO ADEQUATELY VERIFY THE OWNERSHIP AND CONTROL OF A VIRTUAL CURRENCY OR THE VALUATION ATTRIBUTED TO A VIRTUAL CURRENCY BY ML TECH CAPITAL, LLC.

ML TECH CAPITAL, LLC IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.