Portugal
VelvetFormula is a B2B fintech startup located in Portugal, specializing in providing liquidity solutions for digital currencies. Founded in 2018, the company boasts a team of exceptional engineers, physicists, and market experts with a background in traditional markets, bringing a unique blend of skills to the table. Their robust trading infrastructure and expertise in risk management and transparency practices have positioned them as a flagship liquidity provider in the digital currency exchange arena.
VelvetFormula offers a turn-key solution to increase trading volume, manage risk, and combat fraudulent activity while optimizing order books with narrow spreads. Their support for major crypto-to-crypto and crypto-to-fiat trading pairs caters to a wide range of exchange needs, making them a versatile and comprehensive liquidity partner for digital currency exchanges.
The company's commitment to building mathematically stable and technically robust liquidity solutions is evident in their approach to software development, employing functional programming, formal verification, and robust error handling. Their dedication to creating stable and maintainable software underscores their intrinsic values as a team.
While specific investment details are not available at this time, VelvetFormula stands out as a promising player in the financial services and fintech industries, leveraging its expertise and experience to address critical needs in the rapidly evolving crypto trading ecosystem.
