Seaquake Sets Itself Apart By Creating Stability & Liquidity for Cryptocurrencies

When Andrew Katz founded Seaquake in 2016 with Dylan Knight, he brought more than 15 years of financial experience to the table. With a vision of creating the necessary tools and systems to facilitate large-scale acceptance and use of cryptocurrencies, Katz and his team got to develop what was lacking in the industry.

With Andrew Katz as CEO, Knight as CTO, former PayPal/Venmo Head of Finance, Matthew Krueger as CFO, and Daniel Large as CIO, Seaquake brings decades of experience to the digital asset market.

Maintaining their laser-like vision for stabilizing the digital assets market by modernizing fragmented infrastructure and other identified inefficiencies in the market, Seaquake has been able to help exchanges increase their volume by improving their order routing through advanced quantitative methodologies and latency-reducing solutions, leading to fewer orders going unfulfilled and increasing exchange revenues.

For their clients, this means that more than 29 million monthly active users can transact over $786 billion in trading volume daily.

Achieving such a high level of success in such a volatile market has required drive, flexibility, out-of-the-box thinking, extreme organization, and constant open communication. Seaquake runs a tight ship with a small, trusted staff who are encouraged to speak up and bring ideas to the table. With a shared passion for learning new things, and a healthy willingness to try and occasionally fail, the team at Seaquake has created an overwhelmingly positive company culture. Of course, it helps that they are all appropriately compensated for their efforts.

With a product line that is constantly growing, Seaquake currently offers internal trading, market-making, data sales, quantitative modeling, and consultancy, such as an ecosystem creation service that includes developing analytic platforms for those projects. Prime services, OTC, and banking applications are all in the works or currently being delivered.

Its core engine, Orbis, sets Seaquake apart from others in the same space, which allows increased volume, stability, and liquidity for partner digital-asset exchanges. Orbis is the trading and data processing engine that enables Seaquake to drive a healthy trading landscape.

The data is lifted, formatted, and posted to an easily accessible dashboard, provided individually to each project or even to individual investors within the projects. So what do users see?

  • All executed trades and orders
  • Revenue broken down by day, week, month, and annually
  • Trade logs used for recording and invoicing clients

Outside of Seaquake’s contributions, cryptocurrency trading would be described as fragmented over hundreds of exchanges, with a severe lack of liquidity – as many as half of the orders go unfulfilled. These inefficiencies make it impossible for cryptocurrencies to be widely accepted, adopted, and trusted. Both investors and exchanges have lost money and experienced frustration due to an inability to fulfill orders in a timely manner.

Seaquake has made it possible to capture significant revenue from these unexecuted orders, and the startup has attracted considerable funding from some high-profile investors.

Seaquake is known for:

  • Capturing and analyzing data instantly
  • Executing orders at extremely high frequencies
  • Reducing exchange partners’ unexecuted orders and boosting trade volume
  • Increasing partner exchanges’ revenues by 10%
  • Routing large orders to multiple exchanges to ensure fulfillment
  • Creating maximum price stability

What makes Seaquake unique is that they facilitate the filling of trades across an exchange instead of just one cryptocurrency, which allows the company to remain market neutral and risk-averse.

You can find out more about Seaquake Crypto and Andrew Katz on medium.