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- Sidepit, Inc. Secures Pre-Seed Round to Advance Trading Platform with Patented DLOB Technology
Sidepit, Inc. Secures Pre-Seed Round to Advance Trading Platform with Patented DLOB Technology
Slice of Finance Team
15 Oct
Key Highlights:
Sidepit closes pre-seed round to develop its innovative DLOB technology.
DLOB eliminates hidden market manipulation in traditional and blockchain exchanges.
Founder Jay Berg brings extensive experience from Wall Street and the Bitcoin market.
Sidepit’s DLOB levels the playing field for retail and institutional traders.
Source: Business Wire
Notable Quote:
“We’re thrilled by the support and encouragement from this sophisticated group of thought leaders in both traditional and decentralized finance. Our DLOB technology is central to our mission to democratize trading.”
Our Take:
Sidepit’s patented Decentralized Limit Order Book (DLOB) technology presents a timely and crucial innovation in the trading world. The ability to curb manipulation, both in centralized and decentralized markets, can be a game-changer for retail and institutional traders alike. Jay Berg’s extensive background in quant trading and cryptocurrency gives Sidepit a unique edge in achieving their mission of democratizing trading. With the recent funding and backing from global investors, Sidepit is well-positioned to make a significant impact as they move towards their seed round.