tendex

What they do

Founded by engineers and mathematicians James Kilroe and Geoffrey van Ryneveld, tendex is a quantitative trading firm focused exclusively on the digital asset space. The firm operates a flagship market-neutral crypto fund that utilizes mid- to high-frequency trading strategies to exploit mispricings across spot, perpetual, and futures markets. Positioned as a highly technical, low-latency trading shop, tendex is distinctive for its proprietary trade infrastructure and strict risk management, which allowed it to survive the 2022 crypto market crashes with minimal losses. Beyond their internal fund, they also offer bespoke market-making and liquidity provision services to third-party platforms.

What they look for

tendex focuses on algorithm-driven, market-neutral investment strategies within the digital asset market. Their thesis is built on the premise that the notorious volatility, lack of reputable pricing models, and general information asymmetry in crypto create a market teeming with inefficiencies that can be systematically exploited for profit.

Stage

Seed

Sectors

Fintech

Based

Zurich, CH