Imperial College London, a top-ranking UK university, has announced a strategic partnership with the fintech startup FluidAI on August 21. The collaboration aims to address and rectify inefficiencies in the digital asset market using advanced artificial intelligence (AI) technologies.
The primary goal of this collaboration is to tackle the fragmented liquidity issues prevalent in the crypto markets. Such fragmentation often results in high volatility, price slippage, susceptibility to market manipulation, and flash crashes. This is in stark contrast to traditional markets like equities, which have established infrastructures and settlement systems.
Ahmed Ismail, the CEO of FluidAI, emphasized the significance of liquidity aggregation in the crypto space. He mentioned, “Liquidity aggregation in crypto is a global financial challenge and it spurred the founding of FluidAI.” He further highlighted the decentralized, cloud-based nature…
