Tokyo, Japan, 24th Jul 2022, Today SumoSignals Ltd. has introduced the concept of Arbitrage System that enables investors to buy cheap and sell expensive with the aid of AI which OnDeck Venture leads the $5.5M fund raise.
Major investors of this fund-raising round are Hongkong-based OnDeck Venture.
Samson Lee, Partner at OnDeck Venture, said, “We had never seen such an intelegent AI that can pick signals from a extreme bear market, We’re looking forward to working with them for a long time.”
SumoSignals released several AI Robots for Trading Cryptocurrencies. These robots employ artificial intelligence to sift through hundreds of cryptocurrencies in search of patterns that signify buy or sell signals. These AI robots can escape from a place with a trailing stop. These AI robots want to lower average losses while raising average profits. These AI Robots open positions with sophisticated AI abilities and filter them using AI Predictions and other in-house metrics.
Andrew Smith, the Co-Founder (CEO), and Naohiko Yamamoto, the CTO in SumoSignals, told their firm that this new platform is the first cryptocurrency trading Signal provider that use a shopisticated AI to find the most promising Signals, even in a bear market.
Features of SumoSignals are not limited to;
About SumoSignals
SumoSignals, based in Japan, also registered in the UK, has fund-raised a $5.5m seed fund by OnDeck Venture and will use the best part of it to invest in the AI technology to finetune their algorithm to find the most profitable trading signals and scale their business globally.
Visit the official website for updates and other information.
Organization: Sumo Signal Ltd.
Contact Person: Matthew Jackman
Email: Send Email
City: Tokyo
Country: Japan
Website: https://sumosignals.com
The post OnDeck Venture leads 5.5M fund raise for AI-Powered crypto trading platform Sumosignals. appeared first on King Newswire.
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