Finland-Based Quantlytica Secures €1 Million in Private Funding to Launch AI-Powered Liquidity Distribution Protocol
Date – 08-Aug-2024
Quantlytica, a pioneering fintech company based in Finland, has successfully closed a €1 million private funding round, attracting support from prominent international institutions including the Polygon Labs Ecosystem Fund, Web3Port Foundation, Eureka Partners, DWF Ventures, Connectico Capital, and ZBS Capital.
Quantlytica is set to revolutionize liquidity distribution with its innovative platform that simplifies the discovery and implementation of optimal liquidity strategies. By leveraging machine learning and statistical models, Quantlytica performs detailed comparisons of returns, liquidity risks, and safety across various DeFi projects, offering automated strategies tailored to diverse user needs. Its Fund SDK toolkits also streamline Web3 access, making DeFi strategy building and testing more efficient and user-friendly.
Distinct from existing market solutions that primarily focus on providing tools, Quantlytica combines AI-driven risk management with a comprehensive approach to Web3 investment. Initially, Quantlytica uses its AI model to assess user risk levels, deliver customized investment solutions, and monitor risk exposure in real-time. Unlike its competitors, Quantlytica offers diverse profit sources, including liquidity mining, a points system, staking, and hedge fund-grade strategies. By integrating data from CEXs, DEXs, and alternative sources like Twitter and news, Quantlytica’s AI model ensures accurate portfolio solutions and real-time investment protection. In its next phase, Quantlytica will introduce a risk management engine for historical portfolio backtesting and real-time market exposure visualization.
Quantlytica began a closed beta with strategic investors, institutional partners, and early communities in March 2024. Following valuable feedback, the company has completed key iterations and, in August, launched its Earn Season 2 program in collaboration with Coral Finance, Orderly Network, Singularity, and other partners.
Supporting multiple chains including Arbitrum, Polygon, BSC, and Ethereum, Quantlytica plans to enhance cross-chain integration through Chainlink CCIP, aiming for a comprehensive and improved user experience. The company is committed to ongoing product development, expanding DeFi protocol integration, multi-chain network support, and introducing innovative features on a weekly basis.
Regarding the project’s long-term vision, Quantlytica founder and CEO Guy commented:
“To drive the next wave of mass adoption in Web3 and DeFi, our product must not only present opportunities but also build trust among users and protocols. By leveraging AI and data-driven risk management, Quantlytica addresses challenges on a broader scale than current DeFi solutions. As the crypto space evolves, we anticipate substantial growth in our liquidity and user base, setting new benchmarks for DeFi participation and continuing to introduce cutting-edge features.”
The Quantlytica team comprises top professionals from the hedge fund industry, traditional finance, and experienced blockchain entrepreneurs, bringing extensive Web3 expertise. Initially, this team will lead the protocol, managing both operational and strategic aspects. As the platform grows, Quantlytica will transition to a Decentralized Autonomous Organization (DAO), enabling dedicated users and contributors to shape its future directions.
With AI integration rapidly gaining traction and the market value reaching $167 billion in 2023, traditional investors are expected to increasingly enter this space. Quantlytica aims to harness AI to unlock groundbreaking investment opportunities and liquidity in this expanding market, marking a significant shift in the industry.
