Jump Trading Group, a data and research-driven trading business that has been operating for more than two decades, today announced the official launch of Jump Crypto, a specialized department focusing on the blockchain ecosystem and cryptocurrency development. Kanav Kariya has been appointed President of Jump Crypto.
As a founding code contributor to projects such as Pyth network, real-time market data oracle and interoperability protocol Wormhole, Jump Crypto’s team has been actively creating decentralized open source tools aimed at solving real-time world problems for more than six years .
“Blockchains enable mutual distrust of parties to reach a global consensus. They enable developers to create open applications, codifying the rules and results of all parties’ participation into a code. Pyth is a good example, it is A trustless system for data producers to independently contribute information to a shared decentralized infrastructure. We believe that current DeFi applications are just the tip of the iceberg.”
– Kanav Kariya, President of Jump Crypto
Jump Crypto has now expanded its team to more than 80 employees worldwide and has deployed billions of dollars in funds throughout the crypto ecosystem.
Jump Crypto is the encryption department of Jump Trading Group, a research-driven quantitative trading company, and one of the traders with the largest trading volume in traditional asset classes.
For more information about Jump Trading’s history, culture and future path, please check out the company’s blog here.