altius

According to Cointelegraph, Annabelle Huang, co-founder and CEO of Altius Labs, stated that the Alpha of Wall Street trading firms is shifting from physical custody and nanosecond speed advantages to the use of on-chain infrastructure.Jump has leveraged its high-frequency trading experience to develop the high-performance validator client Firedancer for Solana, and its supported project DoubleZero is seeking to commercialize its global private fiber and submarine cable network to reduce latency. Cumberland is providing real-time crypto market data for Pyth Network. Jane Street traded over $110 billion in cryptocurrency in 2024 and recently hired the former head of infrastructure at Copper.As stablecoins and tokenization of real-world assets inject liquidity, the on-chain market size will continue to expand, and future Alpha will come from the production, sorting, and monetization of block space.

ChainCatcher news, according to Bloomberg, crypto startup Altius Labs has completed a $11 million Pre-Seed funding round, led by Founders Fund and Pantera, with participation from institutions such as Archetype, Reforge, DCG, No Limit Holdings, and Amber Group, as well as angel investors from projects like Berachain, Movement, Ethena Labs, Ritual, dao5, Solana Foundation, and Hudson River Trading.Altius Labs was founded by Hudson River Trading software engineer Anit Chakraborty and former managing partner of Amber Group Annabelle Huang. Altius is building a VM-agnostic modular execution stack that separates the execution stack from a single binary implementation and network design, enabling seamless integration with any L1, L2, and application chains to immediately enhance performance and improve interoperability.