SkyCrest Capital Announces Completion of SAX-iCore Upgrade for AI Trading System SkyAlpha X, Secures $150 Million in Institutional Orders
Denver, UT, June 08, 2025 (GLOBE NEWSWIRE) — SkyCrest Capital officially announced today that its core AI trading system, SkyAlpha X, has successfully completed a comprehensive upgrade to its third-generation architecture, launching the institutional-grade version SAX-iCore (SkyAlpha X Institutional Core). This upgrade marks SkyAlpha X's entry into a new era that balances high-frequency trading, cross-market arbitrage, and structured asset management, quickly drawing significant attention from international markets.
According to SkyCrest Capital's technical and business teams, SAX-iCore has so far secured procurement intentions and signed orders from global hedge funds, quantitative institutions, and crypto-financial platforms, totaling $150 million. These include:
• A cross-asset hedge fund based in New York managing over $4.5 billion in assets, which has formally signed an integration agreement to deploy SAX-iCore for strategy automation in the U.S. equities and ETF options markets.
• A digital asset market maker in Singapore, which has embedded SAX-iCore as the core execution module in its DEX liquidity engine, mainly for perpetual contract arbitrage and volatility trading.
• An asset management firm in London that has signed a cooperation agreement for the AI-driven options volatility detection module, planning to integrate SAX-iCore into its global macro hedge strategies.
Key highlights of the upgrade include:
• Structured Volatility Engine (SVE): Detects breakout windows hidden within intraday price behavior, adaptable to index futures, tech stocks, and cryptocurrencies.
• Cross-Market Signal Coordination System: Enables strategic integration across U.S. equities, crypto, and options markets for trend capture, volatility arbitrage, and macro alerts.
• Smart Capital Flow Radar (SCF-Radar): Tracks institutional build-up and withdrawal paths to construct real-time capital behavior maps, enhancing trend confirmation efficiency.
• Options Anomaly Volatility Alert Module: Combines implied volatility shifts with Gamma risk identification to significantly improve strategic responsiveness and defense ahead of market events.
Dr. Ross, Founder and Chief Science Officer of SkyCrest Capital, stated:
'SAX-iCore is not a mere upgrade of a traditional trading system, but a deep response to the increasingly interconnected multi-market environment. We've made breakthroughs not only at the algorithmic level but also ensured the system evolves in sync with real-world trading structures-this enables us to provide institutional investors with faster, more penetrative strategic decision engines amid globally intensifying asset volatility.'
Since its initial launch in 2021, SkyAlpha X has delivered structured trading insights for stocks, futures, options, and crypto assets to SkyCrest's strategy teams and institutional partners. As the flagship module of the platform's 3.0 phase, SAX-iCore will serve as the core infrastructure for high-frequency trading, global asset allocation, and AI-driven execution system integration.
SkyCrest Capital is currently offering early access to SAX-iCore for select strategic partners and is opening a whitelist application process for high-net-worth clients to access strategic modules. Retail-focused modules and tiered signal services for high-frequency trading are planned for phased rollout.
For further information, please contact:
Media Contact
SkyCrest Capital PR Department
Website: https://www.skyskinla.com/
Contact: Audrey Sinclair
Email: [email protected]
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Jim Cramer Highlights Procter & Gamble (PG) 'Plans to Cut 7,000 Jobs Over Two Years'
We recently published a list of . In this article, we are going to take a look at where The Procter & Gamble Company (NYSE:PG) stands against other stocks that Jim Cramer discusses. Discussing what is affecting the consumer packaged goods stocks, Cramer mentioned The Procter & Gamble Company (NYSE:PG) and stated: 'We learned this morning that Procter & Gamble, the unbelievably best consumer packaged goods enterprise on Earth, plans to cut 7,000 jobs over two years. This trimming the workforce would normally have the stock jumping, the market loves cutting costs. It would've been still one more sign that Procter will stop at nothing to keep profitability growing. In a good tape, we would've presumed that P&G is using cheap AI to replace expensive people. But now, when we read the headline, we assume something must be really terribly wrong at the company, and it gets hammered.' Procter & Gamble (NYSE:PG) provides a wide range of consumer packaged goods across categories such as beauty, grooming, health care, home care, fabric care, baby care, feminine care, and family care, sold under established brand names. A happy couple viewing the products of this household and personal product company in a mass merchandiser store. Overall, PG ranks 12th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of PG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
Jim Cramer Recommends Axon Over Gorilla Technology (GRRR)
We recently published a list of . In this article, we are going to take a look at where Gorilla Technology Group Inc. (NASDAQ:GRRR) stands against other stocks that Jim Cramer discusses. A caller asked for Cramer's thoughts on Gorilla Technology Group Inc. (NASDAQ:GRRR) during the lightning round, and he replied: 'Man, you're like, you're way over the edge… We're going, you know what we're going to do for video surveillance, I'm going to send you to Axon.' Gorilla Technology (NASDAQ:GRRR) delivers advanced solutions in AI-powered monitoring, security, and IoT applications across various sectors, including smart buildings, policing, transportation, and port operations. A data center filled with the latest servers and networking equipment representing the company's cutting edge security infrastructure. On May 22, Gorilla Technology (NASDAQ:GRRR) announced that it completed repurchasing more than $1.8 million of its own shares in April and May. The company raised the total buyback under the current program to $5.4 million over the last year, with $4.6 million still available from the $10 million approved by the Board. Overall, GRRR ranks 9th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of GRRR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
an hour ago
- Yahoo
AI Insider Takes Us Inside Trump and Musk's Quiet Plan to Reboot America
BALTIMORE, June 08, 2025 (GLOBE NEWSWIRE) -- New briefing reveals the creation of a secret AI system designed to reshape the country's infrastructure, governance, and future — starting July 1. Bestselling author and longtime tech analyst James Altucher has released a stunning new report that pulls back the curtain on what he calls 'the most important project in America today' — and it has nothing to do with Washington. According to Altucher, Elon Musk is building a system called Project Colossus — a privately operated supercomputer that's now being quietly positioned as the technological foundation of a new, AI-driven America. It All Started on Day One Altucher points to Donald Trump's very first executive action in office as the moment this project became possible. 'In one of his FIRST acts as President… Donald Trump overturned Executive Order #14110.' That single move, Altucher says, eliminated regulatory bottlenecks and opened the floodgates for full-speed development by private operators — especially Musk. Hidden in Plain Sight 'Right here, inside this warehouse in Memphis, Tennessee… lies a massive supercomputer Musk calls 'Project Colossus.'' Altucher reports that the machine is already live, powered by 200,000 of Nvidia's most advanced AI chips — with a tenfold upgrade scheduled for rollout by July 1. 'Making it the most advanced AI facility known to man.' The Mission: Replace the System According to Altucher, Colossus isn't just designed to speed up processes — it's meant to replace outdated decision-making structures altogether. 'AI 2.0… gives that knowledge to intelligent machines that I believe will solve our problems for us.' Altucher warns that while most Americans are focused on politics-as-usual, the real transformation is happening behind firewalls — with Musk writing the code, and Trump clearing the path. About James Altucher James Altucher is a computer scientist, entrepreneur, and bestselling author who has worked in artificial intelligence for over four decades. A contributor to IBM's Deep Blue and an early AI pioneer on Wall Street, his latest briefings reveal the hidden buildout of America's post-industrial, AI-powered infrastructure — and the forces quietly driving it. Media Contact:Derek WarrenPublic Relations ManagerParadigm Press GroupEmail: dwarren@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
