ML Tech Company Profile

Background

ML Tech is a digital assets wealth management company founded in May 2020, headquartered in Miami, Florida. The company specializes in providing optimized blended portfolios and bespoke products tailored to meet diverse investment objectives and risk appetites.

Mission: To democratize the crypto investment market by connecting Quant Researchers, Trading Teams, and Institutional Investors through cutting-edge technology.

Vision: To bridge the gap between institutional investors and unique alpha opportunities in digital asset markets.

Key Strategic Focus

ML Tech's strategic focus includes:

Curated Systematic Crypto Trading Strategies: Offering a selection of delta-neutral, market-neutral, and beta trading strategies.

Non-Custodial Investment Platform: Providing a secure and transparent platform for institutional investors to access automated crypto trading strategies.

High-Frequency Trading (HFT) Infrastructure: Utilizing advanced HFT infrastructure to execute thousands of trades daily, resulting in billions of notional value traded on top exchanges.

Institutional Capital Access: Connecting professional trading teams with institutional capital, low execution fees, and high-quality exchange connectivity while retaining ownership of intellectual property.

Financials and Funding

Assets Under Management (AUM): Grew from over $5 million in June 2022 to over $100 million by December 2024.

Funding History:

Seed Round (August 2021): Raised $1.75 million.

Early Stage VC (December 2022): Raised an undisclosed amount.

Series 1 (April 2024): Raised $1.25 million.

Notable Investors: Lightning Capital, Belvedere Trading, Hyperithm, Kouraje Management, and Nascent.

Utilization of Capital: Funds are allocated towards product expansion, supporting U.S. exchanges, and enhancing platform capabilities.

Technological Platform and Innovation

ML Tech distinguishes itself through:

Proprietary Technologies: Developed a non-custodial investment platform that offers a curated selection of fully systematic crypto trading strategies.

High-Frequency Trading Infrastructure: Enables the execution of thousands of trades daily, resulting in billions of notional value traded on top exchanges.

Advanced Risk Management and Reporting Tools: Provides robust risk management and reporting tools to ensure transparency and security for institutional investors.

Leadership Team

Leonid Mindyuk: Co-Founder and Chief Executive Officer. An MIT alumnus with experience running the digital assets desk at Blue Fire Capital and managing automated market-making strategies in U.S. equity options at Consolidated Trading.

Markus Leballeux: Co-Founder and Chief Technology Officer. Brings extensive experience in technology and engineering, contributing to the development of ML Tech's proprietary platform.

Glenn Rosenberg: Chief Operating Officer. Oversees the company's operations, ensuring alignment with strategic objectives.

Marie Nuon: Chief of Staff. Manages internal operations and supports the executive team in executing the company's mission.

Competitor Profile

Market Insights and Dynamics:

Market Size and Growth Potential: The digital asset investment market has experienced significant growth, with increasing institutional interest in crypto assets.

Industry Trends: There is a growing demand for transparent, secure, and regulated platforms that offer access to systematic crypto trading strategies.

Competitor Analysis:

Numerai: A San Francisco-based venture capital-backed company focusing on financial services.

Tuned (Financial Software): A Scottsdale-based company formerly venture capital-backed, operating in the financial software industry.

QuantConnect: A Seattle-based venture capital-backed company specializing in financial services.

Eaglebrook Advisors: A Miami-based venture capital-backed company in the financial services sector.

WorldQuant: A corporation based in Old Greenwich, CT, operating in the financial services industry.

Strategic Collaborations and Partnerships

ML Tech has established significant partnerships to enhance its market position and innovation capacity:

Belvedere Strategic Capital: Invested in ML Tech to support the growth potential of managed money in the digital asset space.

Hyperithm and Nascent: Participated in funding rounds to aid ML Tech's expansion and product development.

Operational Insights

ML Tech's strategic considerations include:

Market Position: Positioned as a bridge between institutional investors and unique alpha opportunities in digital asset markets.

Competitive Advantages: Offers a non-custodial platform with a curated selection of systematic crypto trading strategies, supported by advanced risk management and reporting tools.