After we lately accomplished our acquisition, I welcome you to Magic Carpet on Blockchain.com. The Magic Carpet crew brings intensive machine studying and AI experience to our rising institutional enterprise.
Based in 2017, the corporate was the brainchild of Jean David Wurtz, Guillaume Pernelle, Daniel Baeriswyl and George Marangos-Gilks, who aimed to make use of deep machine studying to optimize monetary portfolios and finally outperform the market.
Magic Carpet’s eight London-based quant merchants and knowledge scientists have developed quite a few proprietary algorithms to commerce crypto on a big scale. With intensive expertise in deep and reinforcement studying, the crew excelled in optimizing portfolio knowledge for the invention of novel patterns.
Magic Carpet brings its algorithmic buying and selling methods to the institutional buying and selling crew the place the expertise is used for our essential inside buying and selling e book. The Magic Carpet crew is already working onerous on the institutional facet of enterprise on our mission to make crypto buying and selling extra user-friendly for individuals around the globe.
I’m extremely pleased with the crew for the strategic M&A exercise to this point. We began our first acquisition again in 2013. As we speak we acquired seven corporations, welcomed over 125 extremely proficient colleagues, and strengthened our expertise and capabilities. Waiting for 2022, we hope to carry extra proficient groups on board to speed up the adoption of the monetary system for the web.