FluidAI, a fintech company dedicated to making tokenized market access more efficient for institutions, trading platforms, and retail investors, has announced a groundbreaking partnership with I-X, Imperial College London’s artificial intelligence (AI) initiative. This marks the world’s first-known AI partnership at a globally renowned university to be partially funded by cryptocurrency.
The collaboration between FluidAI and I-X will work to solve the inefficiencies in digital asset markets such as fragmented liquidity. Crypto markets currently suffer from numerous problems, including high volatility, price slippage, vulnerability to market manipulation and flash crashes, unlike traditional markets like equities that have sophisticated infrastructures and settlement systems in place.
Ahmed Ismail, Co-founder, President, and CEO of FluidAI, said: “Liquidity aggregation in crypto is a global financial challenge and it spurred the founding of FluidAI, and partnering with Imperial is a continuation of our endeavours to help the industry evolve through research and development in areas that require focus such as AI.”
Imperial College London is the UK’s #3 ranked university, and recently launched I-X, an academy strategy project that provides a co-located collaborative environment for research, education, and entrepreneurship across AI, data science, and digital technologies. It also houses the Centre for Cryptocurrency Research and Engineering, with the aim of becoming a leading international centre for research and application activity related to cryptocurrency and blockchain technology.
Speaking of the partnership, Professor Peter Pietzuch, Co-Director at I-X and Professor of Distributed Systems in the Department of Computing at Imperial College London, said: “This is a great opportunity to collaborate with a high-growth company, founded by Imperial alumni, in the financial sector. We are looking forward to harnessing I-X capabilities in generative AI to venture into new technological areas together.”
The partnership between FluidAI and I-X is set to tackle the major challenge of a lack and fragmentation of liquidity in global cryptocurrency markets, with the ultimate goal of helping the world more easily adopt and trade digital assets.
FluidAI has forged a groundbreaking partnership with I-X, Imperial College London’s artificial intelligence (AI) initiative. This marks the world’s first AI partnership at a globally renowned university to be partially funded by cryptocurrency. The collaboration is set to tackle the major challenge of a lack and fragmentation of liquidity in global cryptocurrency markets, with the ultimate goal of helping the world more easily adopt and trade digital assets.
Ahmed Ismail, Co-founder, President, and CEO of FluidAI, commented: “Liquidity aggregation in crypto is a global financial challenge and it spurred the founding of FluidAI, and partnering with Imperial is a continuation of our endeavours to help the industry evolve through research and development in areas that require focus such as AI.”
Professor Peter Pietzuch, Co-Director at I-X and Professor of Distributed Systems in the Department of Computing at Imperial College London, added: “This is a great opportunity to collaborate with a high-growth company, founded by Imperial alumni, in the financial sector. We are looking forward to harnessing I-X capabilities in generative AI to venture into new technological areas together.”
Crypto markets currently suffer from numerous problems stemming from a lack and fragmentation of liquidity, including high volatility, price slippage, vulnerability to market manipulation, and flash crashes, unlike traditional markets like equities, that have sophisticated infrastructures and settlement systems in place. FluidAI and I-X’s partnership aims to solve this major challenge and support the adoption and trading of digital assets across the globe.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.