SignalPlus Launches to Revolutionize Crypto Options Market with Automated Trading
Chris Yu, a finance and technology veteran, has spotted an opportunity in the crypto options market today. He sees parallels with the FX options market of 2000, and has co-founded SignalPlus to capitalise on this. The company aims to build scalable infrastructure and has developed a robotic system for automated trading.
Yu launched SignalPlus in 2021 to tackle key gaps in the crypto options market today. He believes the current state is similar to the FX options market around 2000, with early-stage development, lack of liquidity, limited products, and inefficient price discovery.
SignalPlus has developed a robotic system to automate market making and risk management in the 24/7 crypto market today. The company has adopted a volume-based revenue model for its trading tools and portfolio management. Looking ahead, Yu envisions integrating AI and quantum computing into SignalPlus' systems for further automation.
SignalPlus, co-founded by Chris Yu, is poised to make waves in the crypto options market today. With its automated trading systems and volume-based revenue model, the company is set to improve liquidity and product offerings. Yu's vision to integrate AI and quantum computing further underscores SignalPlus' commitment to innovation and growth.