18-02-2025
Hudson River, Amber Crypto Quant Vets Want to Take on Solana
A pair of veterans from the quantitative trading world have launched a blockchain startup that wants to help other crypto projects seeking to replicate the success of the Solana network.
Anit Chakraborty, who was most recently a software engineer at proprietary trading firm Hudson River Trading for over 15 years, has joined Annabelle Huang, former managing partner at crypto market maker Amber Group to form Altius Labs. They've raised $11 million in a pre-seed funding round co-led by Peter Thiel's Founders Fund and digital-asset investment firm Pantera through an instrument know as a SAFE, or a simple agreement for future equity, as well as token warrants, Chakraborty and Huang said in an interview.
