AlgoTrader, an algorithmic trading software solution for quantitative hedge funds, has recently secured 3.7 million CHF (approx €3.4 million) funding in a Series A round led by an undisclosed global Tier 1 bank. Other investors, including investiere, BlockChain Valley Ventures, and a seed-round investor, NeueCapital, also participated.
With this fund, the Swiss company will continue its growth and expansion to strengthen the financial hub and the digital asset ecosystem of both Switzerland and other countries together.