Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
3 months ago, Shrimpy released a private beta for institutions. During this time, we acquired a great deal of feedback and understanding from institutions regarding the biggest challenges they face when looking to invest in cryptocurrencies and blockchain projects.
One of our biggest takeaways from our conversations with institutional investors was the growing market demand for dedicated investment management tools. Currently, most digital assets are managed through individual exchange accounts, which can be extremely time-consuming when managing and executing a portfolio strategy.
Exchanges have a core business model of collecting fees from users trading on their platform. They have incentive to promote user activity activity, as exchange volume and liquidity directly correlates to their bottom line.
Shrimpy, on the other hand, is focused on creating a complete investment management platform for cryptocurrency investors. Users can manage their cryptocurrencies and execute their investment strategy directly through our unified dashboard.
Today we are announcing the public release of our Institutional Platform!
Shrimpy - Cryptocurrency Portfolio Management
Shrimpy’s Institutional Platform is the complete cryptocurrency investment management platform for investors. Here are some of our best tools and features available for our users:
Portfolio Tracker
Unified dashboard tracks entire digital asset portfolio performance.
Backtest Tool
Backtest up to 5 years of historical data across multiple exchanges.
Automated Rebalancing
Portfolios can be automatically rebalanced periodically.
Dynamic Indexing
Custom asset allocations for capital investment.
Volatility protection
Spread & Slippage safeguards during volatile markets.
Multi-Exchange Support
Supports Exchange API integration with major exchanges.
Cold Wallet Support
Enter cold storage assets for a complete portfolio view.
Security & Encryption
User accounts are secured using hardware security modules (HSMs) and 2-Factor Authentication
Institutions are currently starved of having a set of dedicated analytical tools and services for cryptocurrency investment. Unlike exchanges or token projects that tend to have a motive or agenda for their community of users, Shrimpy is solely focused on creating a complete investment management platform for institutional investors.
Whether you are an institution with a single fund or plan on managing thousands of diverse clients, we are building the product for you. Don’t hesitate to reach out to us if you have specific requirements that you would like to see in future versions of the Shrimpy Institutional platform. Our team is listening and ready to integrate the features you have been waiting to see.
The Shrimpy Team
Originally published at blog.shrimpy.io on November 10, 2018.
Shrimpy-Institutional Platform Release was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.