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Automated Investing Startup Stacked Has Acquired Trading Service Alertatron
Summary: Stacked, an automated investing startup launched in early 2020, acquired algorithmic trading and signals service Alertatron, as reported by CoinDesk. Stacked is backed by Hong Kong based crypto research firm Alameda. The goal of the merger with Alertatron is to demystify the investing experience for traders unfamiliar with crypto assets, a recent release stated. The terms ...
Stacked, an automated investing startup launched in early 2020, acquired algorithmic trading and signals service Alertatron, as reported by CoinDesk.
Stacked is backed by Hong Kong based crypto research firm Alameda. The goal of the merger with Alertatron is to demystify the investing experience for traders unfamiliar with crypto assets, a recent release stated. The terms of the deal were not disclosed.
"The trade execution technology built by Alertatron is extremely robust [...] and will accelerate our technical roadmap for Stacked by at least half a year," CEO Joel Birch said in a statement.
Birch told CoinDask that since its launch, Stacked has reported over $4 billion in volume, with $2 billion of that having been executed in the last two months.
By Emily Mason
Tags: Alertatron,Crypto Trading,Stacked
Link: Automated Investing Startup Stacked Has Acquired Trading Service Alertatron [Copy]
