promontory

ChainCatcher news, the trend tracking and smart trading platform TrendX has completed a $5 million Series A funding round, led by Promontory, Coinstash, Frontier Research, Coresky, Tido Capital, and Bullperks. The newly acquired funds will be strategically used to advance its technology, expand market share, and attract talent, accelerating progress in cutting-edge innovations in Web3 trend analysis, AI-driven analytics, and on-chain and off-chain trend tracking technologies.TrendX is a one-stop platform that helps users find investment opportunities through AI and big data technology. Since its establishment in 2022, TrendX has processed over 20TB of on-chain and off-chain data, analyzing and capturing investment opportunities in real-time from billions of data dynamics, providing users with investment advice through intuitive interactions.Previously reported on January 8, the AI-driven Web3 trend tracking and smart trading one-stop platform TrendX announced it has secured $1 million in seed funding, with participation from well-known institutions including Foster Labs, Web3Link, Coresky, Tripod Capital, CatcherVC, and MIIX Capital.

ChainCatcher news, digital asset management company Promontory Technologies announced the launch of the Promontory Alpha Fund, which employs a quantitative, systematic, multi-strategy approach to trading liquid listed digital ("cryptocurrency") assets. The fund aims to maintain market neutrality and avoid deep drawdowns, offering British Virgin Islands instruments for non-U.S. investors and Delaware LPs for U.S. investors.The new fund has currently attracted investments from notable Asian family offices and billionaire entrepreneurs.It is reported that Promontory Technologies is a digital asset management company dedicated to serving family offices, institutions, and high-net-worth individuals. Promontory provides digital asset exposure, risk management, and diversification through quantitative systematic hedge funds, venture capital, market making, and over-the-counter trading services.