Blockchain

Multipool Secures Strategic Investment from Industry Giant Kronos Research

Majuro, Marshall Islands, July 23rd, 2024, Chainwire

 

Multipool, a leading innovator in the blockchain and cryptocurrency industry, today announces a strategic investment from Kronos Research. This investment solidifies Kronos’s stance of on-chain order books being the future of the industry and marks a significant milestone in strategic cooperation between the two companies and their commitment to decentralized finance.

“We’re absolutely thrilled to be working with Kronos Research, with our expertise in the DeFi sector and the potential of our fully trustless decentralized on-chain orderbook, we envision an eventful future working with some of the best and brightest in the industry at Kronos Research.” Steve Murray, Core Contributor at Multipool.

“At Kronos, we have been leading the charge in liquidity provision, driven by our belief in trustless transactions and their transformative potential. We are thrilled to partner with Multipool to advance the digital asset landscape, providing enhanced solutions for global traders and investors.” Vincent Liu, COO of Kronos Research

The Future of Decentralized Finance

Multipool’s aim of delivering a fully on-chain trustless orderbook to the DeFi industry aligns with Kronos’s vision of democratizing access to compliant advanced financial tools. This marks the first step in a long and fruitful partnership that will bring stability, awareness and access to a suite of full decentralized tools currently in high demand industry wide.

To learn more about Multipool and its features, users can visit:

Websitewww.multipool.finance

Telegramt.me/multipoolfi

Xhttps://x.com/multipoolfi

CMC-Community https://coinmarketcap.com/community/profile/multipool/

About Multipool

Multipool is a cutting-edge decentralized exchange (DEX) transforming the trading landscape for real-world assets (RWAs) and cryptocurrencies. Multipool is designed for fairness and equality, featuring a fully decentralized on-chain order book, deep liquidity through dynamic bracket pools, and seamless trading of RWAs and cryptocurrencies. Utilizing world-class innovations including industry-first FIX APIs, low latency networks, zero price impact auctions, trustless RFQs, peer-to-peer repo lending, and MEV bot protection, Multipool sets a new standard in DeFi trading. Experience unparalleled efficiency and security in the user’s trading journey with Multipool – The DEX with CEX appeal.

Website: https://www.multipool.finance/

About Kronos Research

Kronos Research is a technology and data-driven trading firm transforming the digital asset landscape by cultivating a dynamic financial ecosystem with exceptional trading performance, advanced cryptocurrency investment strategies, and extensive liquidity provision capabilities.

Their advanced machine-learning techniques and state-of-the-art trading infrastructure form the backbone of our quantitative trading operations. These enables them to deliver precise data and insights, bolster risk management, develop effective trading strategies, and empower informed investment decisions.

By leveraging our expertise, they strive to foster strong partnerships and deliver significant value through continuous advancement and innovation.

For further information or media inquiries, users can contact:

Marketing Department

[email protected]

Website: www.kronosresearch.com

Social Media: [LinkedIn] [Twitter] [Facebook] [Instagram]

 

Contact

Public Relations Manager
Angie Hermosa
Multipool
[email protected]

PostAd_coinrule_banner728x90

Leave a Comment

Your email address will not be published. Required fields are marked *

*

Bybit’s World Series of Trading 2024 Kicks Off: The Biggest Trading Competition in Crypto History Begins

2024-10-02T11:36:42Z

DUBAI, United Arab Emirates, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to unveil the World Series of Trading (WSOT) 2024, the world’s longest-running crypto trading competition. This year, WSOT pushes boundaries, integrating centralized and decentralized trading, allowing participants to experience the trustless trading of the future. 

Game-Changing Features Traders Will Love
Individual traders can battle in three arenas depending on their capital size: lightweight, middleweight, and heavyweight. With separate prize pools for each league, the competition is fairer and ensures that talent wins the day, not account size. 

Furthermore, traders can add up to four subaccounts within their Unified Trading Account (UTA) and rack up PnL across multiple accounts and markets, increasing their chances of winning. Bybit’s UTA calculates margin across positions, unifies collateral, and improves capital efficiency so traders can operate multiple positions from one account, making it a killer tool for the rigors of competitive trading. 

Expanding into Decentralized and Centralized Trading
WSOT also includes Bybit Web3’s DEX Pro trading platform so participants can trade over 1 million decentralized tokens, including memecoins, DeFi, GameFi, and more. Participants can also take part in the first-ever Web3 Idol competition.

To play, traders earn votes through trading and completing daily tasks. Voters can support up to three projects daily and have the chance to win from a 1,000,000 MNT prize pool, including a 600,000 MNT grand prize for those who vote for the winning project and 200,000 MNT daily rewards. The winning project will receive exclusive CEO backing, prime listing, and marketing support, making it a key event in shaping the future of Web3.

Over 100 ecosystem partners and decentralized projects such as MomoAi and Tars Protocol from Solana, and Catizen, KTX Finance via Mantle will participate in the DEX Pro competition as part of WSOT. By marrying centralized (CEX) and decentralized (DEX) trading, all crypto lovers can experience the wave of the whole ecosystem.

“Bybit aims to create industry best practices for onboarding users for both CEX and DEX to help create a broader landscape of crypto adoption,” said Ben Zhou, co-founder and CEO. “By combining these two elements, we are enabling the smaller projects and specialist traders to rise up the competition ranks.” 

10,000,000 Prize Pool and Participation Details
The prize pool for WSOT 2024 is bigger and better, with rewards including yacht cruises, Rolex watches, world travel tickets, and up to 10,000,000 USDT. The more participants join, the larger the prize pool grows, making this year’s competition the juiciest in crypto. 

To participate, simply sign up for WSOT when the event opens on October 1 and maintain at least $500 in your Bybit UTA account. All participants can invite friends to join WSOT and get more chances in the lucky draw. 

Over the years, Bybit’s WSOT has grown to historic heights, with nearly 117,000 traders entering competitions between 2020 and 2022. And in 2023, the competition attracted almost 120,000 traders globally. This resulted in a remarkable year-on-year trading volume surge of 42%, reaching a total trading volume of 70.5 billion.

#Bybit / #TheCryptoArk / #WSOT2024

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, users can visit Bybit Press

For media inquiries, users can contact: [email protected]

For more information, users can visit: https://www.bybit.com

For updates, users can follow: Bybit's Communities and Social Media

Contact

Head of PR
Tony Au
Bybit
[email protected]


GlobeNewsWire News

Recent Comments