FluidAI and Unizen Announce Partnership to tackle crypto market liquidity fragmentation with AI-Powered Liquidity Solutions.
Through a strategic partnership, Unizen and FluidAI are working together to enhance digital asset trading by employing advanced liquidity aggregation and AI technology. This partnership involves the integration of Unizen’s API solutions with FluidAI’s AI-driven liquidity aggregation platform, and will allow for enhanced access to cryptocurrency markets, delivering users best execution across the widest range of cryptocurrencies and trading venues.
About Unizen
Unizen is a cutting-edge liquidity solution with a custom-built, cross-chain enabled DEX aggregator and enabling interoperability services through the Unizen Interoperability Protocol (UIP). With Unizen, users can swap digital assets with the best available prices and move them between any of the supported blockchains as part of the same action. They can also interact with web3 applications hosted on the Unizen platform as operating system modules and have swaps and interoperability operations happen seamlessly in the very same interaction.
Details of the Partnership:
- Integration: FluidAI will incorporate Unizen’s API solutions, providing its users with direct access to DeFi markets. This move is intended to expand the asset variety and enhance liquidity solutions within the Unizen ecosystem.
- Technological Contributions: Unizen’s APIs, including the Unizen Interoperability Protocol (UIP) and Liquidity Distribution Mechanism (ULDM), are designed to facilitate efficient cross-blockchain and exchange transactions. This is expected to improve the trading process and user experience.
- Benefits: The partnership aims to simplify fiat-to-crypto conversions, making digital asset trading more accessible. Users of both platforms can expect expanded market access, improved exchange rates, and enhanced security features.
Quote from Kiran Pingali, CEO of FluidAI:
“FluidAI’s goal is to bring the entire crypto liquidity market and trading capabilities into one unified platform, and towards that Unizen fulfills a very important need. Unizen’s API stands at the forefront of DeFi innovation, and integration with them offers our users unparalleled access to the vast liquidity and diverse asset selection within the DeFI ecosystem”, said Kiran Pingali, CEO of FluidAI.
Quote from Sean Noga, CEO of Unizen:
“We are excited about our deep synergy with Fluid AI to further democratize access to decentralized markets, and make DeFi a viable option for all.”, said Sean Noga, CEO of Unizen.
Quote from Martin Granström, CTO of Unizen:
“FluidAI is revolutionizing crypto trading by leveraging its proprietary, predictive AI models to bridge the gap between top liquidity providers in both centralized exchanges (CEXs) and decentralized exchanges (DEXs). This empowers both retail and institutional investors to execute crypto trades with minimal price impact.
Unizen, recognizing the power of FluidAI’s AI-driven approach, has built a seamless API that integrates with FluidAI. This allows Unizen traders to access a vast universe of assets, even those without centralized liquidity. Unizen’s cutting-edge trade splitting and routing algorithm (ULDMv3) ensures they consistently achieve the highest returns at the lowest gas cost.”, said Martin Granström, CTO of Unizen.
About FluidAI:
FluidAI’s mission is to provide easy and efficient access to digital asset markets. Towards that it is leveraging AI to deliver a transformational product experience to its users. FluidAI’s platform provides efficient access and best execution to retail and professional traders, institutions, and trading platforms, by using predictive AI-based models.
Unlike the equities, FX, or commodities markets, which have sophisticated liquidity infrastructures and settlement systems, digital asset markets suffer from several problems arising from a lack of liquidity such as fragmentation, high volatility, large price slippages, vulnerability to market manipulation, and flash crashes.
FluidAI is driven by technologists, academics, data scientists, institutional digital asset platform founders, and investment bankers whose experience spans across tier-one TradFi and crypto institutions such as Bank of America, Goldman Sachs, JP Morgan, Bloomberg, Citigroup, Refinitiv, and leading data science academic institutions such as Imperial College London and Blekinge Institute of Technology, Sweden.
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