Quantlytica, a fintech company based in Helsinki, Finland, successfully raised €1M through private grants and investments from international institutions on August 8. This funding round includes contributions from notable entities such as Polygon Labs Ecosystem Fund, Web3Port Foundation, and Eureka Partners. Quantlytica aims to address challenges in the DeFi market with AI and data-driven risk management strategies, targeting large-scale adoption of Web3 technologies.
In recent reports, Quantlytica has been consistently working on integrating AI for liquidity distribution across multiple chains. Their AI-powered tools compare returns and assess liquidity risks to offer tailored, automated strategies for users. This approach contrasts with earlier stages where the focus was more on basic DeFi participation rather than comprehensive risk management and AI-driven solutions.
The company’s CEO, Guy, highlighted the importance of their product in fostering mass adoption within the Web3 and DeFi sectors. He stated,
“To achieve the next wave of mass adoption in Web3 and DeFi, our product must offer opportunities and instill confidence among users and protocols. By leveraging AI and data-driven risk management strategies, Quantlytica addresses challenges on a much larger scale than the current DeFi market.”
This strategic move is expected to significantly increase Quantlytica’s liquidity and user base.
Strategic Funding and Future Plans
The newly acquired funds will be directed towards enhancing product development, integrating DeFi protocols, supporting multi-chain networks, and introducing additional innovative features. The company plans to release weekly updates to maintain and accelerate development momentum.
In March 2024, Quantlytica launched a closed beta for strategic investors and early communities, gathering valuable feedback that led to key iterations. By August, they had rolled out the Earn Season 2 program in collaboration with Coral Finance, Orderly Network, and Singularity. These initiatives aim to broaden their DeFi reach and improve user experience through cross-chain integration with Chainlink CCIP.
AI-Driven Investment Solutions
Quantlytica’s platform merges AI with risk management to create a new Web3 investment experience. The system evaluates users’ risk levels, provides custom investment solutions, and continuously monitors real-time risk exposure. Through various data sources, including CEX, DEX, and social media, their AI model offers accurate portfolio solutions to safeguard user investments.
Looking ahead, Quantlytica plans to introduce a risk management engine capable of historical portfolio testing and real-time market exposure visualisation. This development is expected to further enhance their service offerings and cement their leadership in the DeFi space.
Quantlytica’s ambitious plans and recent funding demonstrate their commitment to advancing the DeFi ecosystem. Through continuous product innovation and leveraging AI, they aim to simplify and secure the investment process for users. By fostering confidence and offering tailored solutions, the company expects to drive widespread adoption and maintain a leading position in the market.
