back02 Mar 20221 min read
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New Pyth Data Provider: ML Tech

ML Tech, a FinTech company building the next-generation trading platform within the crypto asset space, is joining the Pyth Network to contribute its crypto-asset market data.

Who is ML Tech?

  • ML Tech was founded in 2020 in Chicago, Illinois, by Leo Mindyuk (CEO) and Markus Leballeux (CTO).
  • ML Tech provides researchers the opportunity to test and execute their strategies with institutional investors looking for novel strategies to deploy their capital.
  • ML Tech platform leverages cutting-edge AI solutions to help produce new trading strategies at an industry-leading pace. Strategies can rely on our robust HFT capabilities to generate steady and consistent returns.
  • In 2021, ML Tech’s monthly trading volume grew 57 times: from $42M to $2.4B.

“Our mission at ML Tech is to democratize high-frequency trading in the crypto market, in doing so, it is critical for market participants to have access to trusted, high-quality data,” said ML Tech Co-founder and CEO Leo Mindyuk. “We are excited to leverage our latency optimized framework to solve challenges with the Pyth team and community and further expand in DeFi.”

We look forward to further coordinating with amazing partners to establish a digital marketplace of institutional grade, high fidelity financial data to power any financial dApps regardless of their blockchain base and offer the best data to the world.

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