1. Business Summary
AlgoBit is an algorithmic-based Nostro-Trading firm, that uses big data and machine
learning algorithms to trade in the largest crypto-currency exchanges in the world. Like
crypto exchanges, our algorithms are on 24/7 finding profitable opportunities for our
capital.
Opportunity
Algorithmic trading is responsible for a large portion of the volume in current financial
markets. Crypto-Currency is by nature very suitable for algorithmic trading (freely avail-
able data, no middle men, minimal fees). Currently, there is no corporate presence in this
trading arena. In the next two years, we want to become a dominant player as this market
gains more traction.
AlgoBit
1. Trading algorithms - Machine learning based algorithms that are able to profit in
market uptrend and downtrend. A dedicated market making algorithm and an inter-
exchange arbitrage. All algorithms were tested live with real money
2. Data-mining system - High quality data since January 2015 from the leading
exchanges and news websites.
3. Execution system - High performance order execution system with an effective risk
management strategy. Generic and easy to scale-up.
AlgoBit Performance
Market
Trading volume has doubled from 2013 to 2014 and significant growth trend continued in
2015. In addition, the derivatives market (futures, margin) has reached maturity. Bitcoin
related startups raised over $200M in VC investment in Q1 2015, from which, regulated
crypto-currency exchanges raised over $100M (Andreessen Horowitz, New York Stock
Exchange (NYSE), Canaan Partners, RRE Ventures, Richard Branson etc.).
Why do we raise money?
Achieve operational profitability by house trading. We’ll accomplish it by upgrading and
scaling-up our trading systems to be able to manage a large fund.
Tel Aviv, Israel
Contact
guy@algobit.org
andrey@algobit.org
Website
www.algobit.org
AlgoBit is a Nostro-Trading firm
specializing in the Crypto-Currencies
markets.
Financial Information
● Company Stage: Product Ready
● Previous Capital: $10,000
● Capital Seeking: $250,000
Management Team
● Guy Nadav - Msc EE, Signal Process-
ing and Machine Learning. Founder of
Tabify app.
● Andrey Piletsky - BSc EE. 5 years of
experience in Software and Algorithms.
Milestones
● Sep 2014 - 1st prize winner &
funded by Atidim startup accelerator
● Jan 2015 - Incorporation
● April 2015 - Profitable Live Trading
Fund
● May 2015 -Delivered a Market-
Making SAAS solution to CryptoNext
Plc, a software provider to currency
exchanges
Investor benefits
● Expected profitability within a year
● Exclusivity rights in AlgoBit’s fund
● Profit based dividends
Revenue Streams
Nostro-trading:
target monthly gain of over 10%, annual
sharpe ratio of over 5.
Exit Strategy
Acquisition by a large institutional or
private entity as part of their market entry
strategy
-15.00
-10.00
-5.00
0.00
5.00
10.00
0 5 10 15 20 25 30
Gain[%]
Trades
April 2015
Cumulative Capital [%] Cumulative Market [%]
Monthly Bitcoin Trading Volume Quarterly Total VC Investment
250M
150M
20M
10M
Volume[BTC]
USD
OMOM
Q1 2014Q2 2013 Q2 2014 Q2 2015 Q2 2014 Q3 2014 Q4 2014 Q1 2015
2013
Price
Buble
2013
Price
Buble
2013
Price
Bubble
20M
BTC
20M
BTC
20M
BTC
$229M$229M$229M