Jump Trading Group, a research and data-driven trading business in operation for more than twenty years, today announced the formal launch of Jump Crypto, a dedicated unit focused on developing cryptocurrency and blockchain ecosystems. Kanav Kariya has been appointed Chairman of Jump Crypto.
As founding code contributors to projects like the Pyth network, an oracle for on-chain market data in real time, and Wormhole, an interoperability protocol, the Jump Crypto team has been actively creating decentralized open source tools that seek to solve problems. real. world problems for more than six years.
“Blockchains allow global consensus between parties who distrust each other. They allow developers to create open applications that encode the rules and results of the participation of all parties. Pyth is a great example of this, as a trustless system for data producers to independently contribute information to a shared piece of decentralized infrastructure. We believe that current DeFi applications are just the tip of the iceberg. “
– Kanav Kariya, President of Jump Crypto
Now expanding its team to over 80 employees worldwide, Jump Crypto has deployed billions of dollars of capital across the crypto ecosystem.
Jump Crypto is the crypto division of Jump Trading Group, a research-driven quantitative trading company that is one of the largest traders by volume across all traditional asset classes.
For more information on the history, culture, and way forward of Jump Trading, check out the company’s blog. here.