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Further Ventures leads $5m financing for Kemet Trading

March 18, 2024
Further Ventures leads $5m financing for Kemet Trading

As the digital asset landscape evolves, so does the need for robust, secure, and efficient trading platforms that cater to institutional participants. Further Ventures recognizes the transformative potential of Kemet Trading in this space and is thrilled to announce our investment in this groundbreaking platform.

Here's why we believe Kemet is a pivotal player in the future of digital asset derivatives trading:

Visionary Approach to Digital Asset Trading

Kemet is setting a new standard in the trading of digital asset options, futures, and perpetuals by offering the first true institutional single-access point into the digital asset derivative ecosystem, as evidenced by over $1B of notional trading volume on platform since launch. Their platform facilitates unparalleled access to liquidity venues across centralized finance (CeFi) and decentralized finance (DeFi), managed trade lifecycle, advanced risk management tools, and post-trade workflows, optimizing the trading experience for institutions​​.

Unmatched Expertise and Technology

Founded by seasoned financial technologists from some of the world’s elite asset management firms, including D.E. Shaw & Co, Arcesium, Tradeweb, Cboe, Jump Trading, and DRW, Kemet's team brings a wealth of experience and a deep understanding of both traditional finance (TradFi) and crypto-native institutional needs​​. This expertise is reflected in Kemet’s proprietary data model, which eliminates contract non-fungibility, offering a groundbreaking approach to digital asset derivatives trading​​.

Comprehensive Trading Solution

Kemet’s platform is built for speed, agility, and security, providing access to competitive liquidity venues and utilizing proprietary order models for optimal routing. Their advanced trade execution algorithms, such as SOR, Twap, Vwap, and Chase Algos, ensure the best performance for clients. Moreover, the platform offers real-time risk management and comprehensive data analytics to empower trading decisions and strategy optimization​​.

Commitment to Security and Compliance

Security is a cornerstone of Kemet’s offering. The platform is designed with the highest security standards, ensuring that each organization’s data is siloed for added protection. Kemet’s commitment to providing a secure and compliant trading environment reassures institutions looking to navigate the digital asset space safely​​.

Strategic Investment Syndicate 

Joining Further Ventures in this financing are industry leading market makers and trading venues, including Deribit, QCP, Falcon X, Flow Traders and Hyperithm. This coalition assures that Kemet will maintain its industry leading position as a preferred provider to top liquidity providers while leveraging the most advanced tooling and robust API access to trading venues regardless of jurisdiction. 

Leveraging the Further Ventures Network 

Investing in Kemet aligns with Further Ventures' mission to support innovative companies at the intersection of technology and finance. Kemet’s institutional-grade infrastructure for digital asset derivative trading further cements Further’s portfolio as the premier asset management ecosystem allowing counterparties to on/off ramp fiat, custody assets, and now trade complex financial products all within the same family of companies. 

We are excited to welcome Ash and the entire Kemet team to the Further Ventures portfolio and invite firms with institutional trading needs to reach out to us to set up a demo and learn more about Kemet’s capabilities. 

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