AlgoTrader and Amazing Blocks have announced their cooperation to make the digital asset market accessible to a wider audience. The partnership enables AlgoTrader to offer tokenized shares to its clients while providing a secondary market for assets tokenized by Amazing Blocks.
Zurich/Vaduz – Swiss-based AlgoTrader, the institutional leader in algorithmic trading and execution infrastructure for both digital and traditional assets, further extends its partner network through its cooperation with Amazing Blocks, a Liechtenstein-based SaaS tokenization provider.
The cooperation enables Amazing Blocks to provide its clients with a complete and professional service when tokenizing equity in their company. The agreement expands AlgoTrader’s scope to include tokenized shares and security tokens, in line with its goal to offer an institutional trading platform for assets of all types.
Enhancing access to digital assets
Amazing Blocks and AlgoTrader are joining forces to provide business owners, banks 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 in tokenized form 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 both our clients to enter the market more conveniently while enjoying absolute legal certainty. The concept of a complete solution that is both simple and efficient is our goal, and by working together, we are another big step closer to achieving it.” said Andy Flurry, founder and CEO of AlgoTrader.
AlgoTrader is an institutional 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, has developed a solution that seamlessly integrates technology and the law. It is the perfect solution for tokenization projects (e.g., real estate, cars, machines), enabling firms to flexibly issue various forms of tokens (e.g., equity tokens or debt tokens or participation rights as tokens) in accordance with the Liechtenstein Token Act. Outside of Lichtenstein, these tokens then represent a normal (un-traded) security. Amazing Blocks was the first firm to tokenize real equity in an AG in Liechtenstein, leveraging its own solution, resulting in 600 tokens. They have been assigned with an ITIN by ITSA and can be seen on Etherscan. These tokens effectively prove that the Liechtenstein model seamlessly merges tech and law. Furthermore, a Liechtenstein bank is no longer needed, because the share capital for the new AG can be denominated in cryptocurrencies such as ETH if desired. In future, Amazing Blocks will not only support its clients in tokenizing assets but also work with its entire network to create a true token economy. In this context, the cooperation with AlgoTrader furthers Amazing Blocks’ goal to provide clients with the necessary tools for the digital asset market.