100x Ventures, the venture capital arm of a crypto derivatives trading company Bitcoin He 100x Group today announced an investment in Cryptosense, the company behind Kryll.io, a crypto trading automation application.
Kryll enables users to execute automated trading strategies on many different cryptocurrency exchanges. In addition to investment, 100x Group and Kryll.io will establish a comprehensive integrated partnership, which includes full support for the BitMEX platform and other 100x portfolio companies.
“It turns out that automated trading solutions are indispensable to the vitality of the crypto trading ecosystem. The growth of Kryll.io’s user base and number highlights the capabilities of its team. And the reliability of the products they produce. Through our cooperation , We are very happy that Kryll.io users will soon be able to trade on the BitMEX platform.”
– Alex Höptner, CEO of 100x Group
The Kryll.io application has a “drag and drop” strategy editor; this allows users to easily create tailored trading strategies without any coding skills.
“We are very pleased to receive this investment from 100x Ventures; and look forward to introducing support for BitMEX on Kryll.io soon. As we continue to grow and build a reputation as a leading automated trading platform, identifying like-minded partners has been Is the key to our continued success. 100x is a great partner and we look forward to using its investment to bring the ultimate benefit to all our users.”
-Luca Benevolo, CEO and Founder of Kryll.io