HyperQuant, a fintech software platform, announced on Friday it has signed a partnership agreement with international cryptocurrency exchange, KuCoin. According to HyperQuant, the partnership agreement covers numerous spheres of collaboration. The platform claims that its team experts were chosen to support KuCoin with the development of the new exchange’s infrastructure and API protocol.
“The implementing of HyperQuant`s proprietary technologies and solutions by exchange’s engineers is going to make KuCoin a leading trading platform with the most advanced and reliable technical infrastructure on the market. In addition, HyperQuant platform will start to gather and analyze trading data in order to use it within the HyperQuant app and for trading strategies and machine learning algorithms backtests.”
Speaking about the partnership, Pavel Pavchenko, CEO of HyperQuant project, added:
“We are excited to share our vast stock exchange experience with our partners from KuCoin for our mutual benefit and long-term cooperation. Our collaboration will advance the development of algorithmic trading platform on the crypto exchanges for the further convenience of our customers.”
HyperQuant is described as an open platform for blockchain-based automated investing. It claims that it makes investing process fully transparent, secure, and reliable for all market participants – from minor investors to hedge funds and professional capital managers.