Tower Research

Procurement Sciences AI Raises $10M in Series A Funding to Revolutionize the Government Contracting Business-Development Process

Retrieved on: 
Tuesday, April 9, 2024

Procurement Sciences AI (“PSci.AI”), the next-generation bidding-intelligence platform for government contractors, today announced that it has raised $10M in Series A funding.

Key Points: 
  • Procurement Sciences AI (“PSci.AI”), the next-generation bidding-intelligence platform for government contractors, today announced that it has raised $10M in Series A funding.
  • Brandon Gleklen from Battery Ventures and Jared Young from Tower Research will join the Procurement Sciences board of directors.
  • "We launched Procurement Sciences with the mission of addressing the industry's biggest pain points by adopting a generative AI-first approach," stated Christian Ferreira, founder and CEO of Procurement Sciences AI.
  • We are honored to partner with Procurement Sciences to support that mission.”
    For more information about Procurement Sciences or to request a product demo, please visit: https://ProcurementSciences.com/ or https://Awarded.AI/

Aescape Announces $30M Series A to Transform the Massage Therapy Experience

Retrieved on: 
Wednesday, November 16, 2022

With this Series A funding, the company will enhance its AI-powered technology and bring The Aescape Experience to the U.S. market in 2023.

Key Points: 
  • With this Series A funding, the company will enhance its AI-powered technology and bring The Aescape Experience to the U.S. market in 2023.
  • After a seismic shift in the industry, the company created The Aescape Experience to help fill the widening labor shortage and booming demand for massage therapy.
  • Upon launch, The Aescape Experience is anticipated to transform the massage experience for hospitality, wellness and fitness industries, in addition to providing intuitive solutions and services for the $17.6B US massage therapy industry .
  • We're grateful to our investors for believing in our dream, and we look forward to launching The Aescape Experience in 2023.

BESTEX RESEARCH ADDS STRATEGY STUDIO TO ITS ALGORITHM MANAGEMENT SYSTEM TO PROVIDE ADVANCED CUSTOMIZATION, AUTOMATION, AND TESTING OF EXECUTION ALGORITHMS

Retrieved on: 
Wednesday, July 27, 2022

STAMFORD, Conn., July 27, 2022 /PRNewswire/ -- BestEx Research Group LLC, a provider of high-performance algorithmic execution and measurement solutions for equities, futures, and FX trading, has added a no-code algorithmic trading tool, Strategy Studio, to build and customize execution algorithms and smart order routing strategies to its industry-first multi-asset, cloud-based Algorithm Management System (AMS).

Key Points: 
  • The BestEx Research AMS is an execution management system (EMS) built specifically for algorithmic trading that provides an algorithmic trading ecosystem including not only execution algorithms but also live order monitoring and management, pre-trade strategy customization, and post-trade Transaction Cost Analysis (TCA).
  • "Our vision is to become the leader in execution automation and measurement, and the BestEx Research AMS is a massive step forward," said Hitesh Mittal, Founder and CEO.
  • Strategy Studio, the latest addition to AMS, allows brokers to create their own execution platforms, customizing every detail of BestEx Research's existing algorithms and building new ones from scratch.
  • To learn more about BestEx Research's Algo Management System (AMS) including Strategy Studio, visit bestexresearch.com/AMS.

Abra Adds Justin McMahan As Chief Financial Officer

Retrieved on: 
Wednesday, March 23, 2022

Abra, a leading wealth management cryptocurrency platform, today announced the appointment of Justin McMahan as Chief Financial Officer, effective immediately.

Key Points: 
  • Abra, a leading wealth management cryptocurrency platform, today announced the appointment of Justin McMahan as Chief Financial Officer, effective immediately.
  • Mr. McMahan is a seasoned finance executive with over 20 years of experience in fintech, trading, capital markets, asset management, and wealth management.
  • Most recently, Mr. McMahan held senior roles with increasing levels of responsibility at Tower Research Capital.
  • Justin is an exceptional add to the firm as we continue to build out and differentiate our team with accomplished professionals across digital assets, traditional finance, and wealth management, said Bill Barhydt, founder and Chief Executive Officer of Abra.

Gate.io's VIP Sharing Campaign Offers Great Incentives to Institutional Clients

Retrieved on: 
Wednesday, February 16, 2022

Through these services, VIP members benefit greatly from certain features offered exclusively to them.

Key Points: 
  • Through these services, VIP members benefit greatly from certain features offered exclusively to them.
  • One of the contributing factors to Gate.io's growth has been VIP members trading on the platform.
  • Starting in 2022, Gate.io hopes to continuously bring quality user experience for their VIP members with more new benefits and campaigns, starting with the VIP Sharing Campaign.
  • In order to showcase the quality of Gate.io VIP services , Gate.io has announced its VIP Sharing campaign where users can enjoy VIP service fees at a discount for one month.

Gate.io Expands Its Institutional Market Maker Services

Retrieved on: 
Tuesday, February 15, 2022

Gate.io now has over 1,300 coins and tokens listed on its platform with over 10 million registered users.

Key Points: 
  • Gate.io now has over 1,300 coins and tokens listed on its platform with over 10 million registered users.
  • As the platform's popularity continues to increase, they have started focusing on long-term growth with a focus on their Market Maker service as part of its Institutional Services division.
  • Market markers are an important part of the global cryptocurrency market, providing liquidity to both decentralized and centralized exchanges.
  • Gate.io Institutional Services is one of the major services offered by Gate.io, which covers VIP clients from around the world ranging from hedge fund firms, professional trading firms, market makers, and many more.

Gate.io is launching a new Market Maker Incentive Program for potential corporate partners

Retrieved on: 
Friday, January 28, 2022

Now, Gate.io is launching a new competitive Market Maker Incentive Program with five major rewards, including a total prize pool worth $800,000.

Key Points: 
  • Now, Gate.io is launching a new competitive Market Maker Incentive Program with five major rewards, including a total prize pool worth $800,000.
  • A market maker is one of our most important partners on Gate.io , as the company focuses on increasing liquidity on its exchange while continuing its expansion.
  • Therefore ensuring Gate.io to continue serving corporate and VIP clients at our maximum capability.
  • The company also offers a wholly integrated suite of products such as its Startup IEO platform, NFT Magic Box marketplace, crypto loans and more.

Gate.io is launching a new Market Maker Incentive Program for potential corporate partners

Retrieved on: 
Friday, January 28, 2022

Now, Gate.io is launching a new competitive Market Maker Incentive Program with five major rewards, including a total prize pool worth $800,000.

Key Points: 
  • Now, Gate.io is launching a new competitive Market Maker Incentive Program with five major rewards, including a total prize pool worth $800,000.
  • A market maker is one of our most important partners on Gate.io , as the company focuses on increasing liquidity on its exchange while continuing its expansion.
  • Therefore ensuring Gate.io to continue serving corporate and VIP clients at our maximum capability.
  • The company also offers a wholly integrated suite of products such as its Startup IEO platform, NFT Magic Box marketplace, crypto loans and more.

Gate.io launching brand new VIP program with $10 million in liquidity for institutional clients

Retrieved on: 
Friday, January 14, 2022

MAJURO, Marshall Islands, Jan. 13, 2022 /PRNewswire/ -- Gate.io, one of the world's largest cryptocurrency exchanges, is launching several new partnership and membership programs for its institutional clients through its Gate.io Institutional Services division, adding $10 million in liquidity to clients through these new offerings.

Key Points: 
  • MAJURO, Marshall Islands, Jan. 13, 2022 /PRNewswire/ -- Gate.io, one of the world's largest cryptocurrency exchanges, is launching several new partnership and membership programs for its institutional clients through its Gate.io Institutional Services division, adding $10 million in liquidity to clients through these new offerings.
  • With $10 million in liquidity to support brokers on the platform, Gate.io has invited qualifying institutional clients to use the platform.
  • The brokers' main role will be to invite VIP traders to trade on Gate.io's platform and reap rewards.
  • The company continues to focus on expanding its institutional offerings, ensuring companies are provided with a top-tier trading platform.

GSR Boosts Executive Leadership With Chief Technology Officer Hire

Retrieved on: 
Wednesday, January 12, 2022

GSR (the Company), a global leader in digital asset trading, has appointed John MacDonald as Chief Technology Officer (CTO).

Key Points: 
  • GSR (the Company), a global leader in digital asset trading, has appointed John MacDonald as Chief Technology Officer (CTO).
  • MacDonald held various technology leadership roles within Citadel Securities prior to his role as CTO, Europe, including Global Head of Derivatives Technology and Global Head of Fixed Income Technology.
  • Prior to Citadel Securities, he was Managing Director at JP Morgan running the Global Electronic Market Making Technology group.
  • "I am delighted to join the accomplished team at GSR as Chief Technology Officer," said Mr. MacDonald.