Zero counterparty risk custodial 


exchange for algorithms

Concept

Launch of new products
 Local monopolistic go-to-market Already compliant to In-house 300+ algo 


(BTC Volatility trading launched, strategy through custodians and work with USD, EUR, trading market-making 


algorithm-traded accounts are in development. direct contact with 
 CHF, GBP collateral desk to kick off the volumes

autocallables, baskets, reverse-conv. in plan) algo-funds

Investment round parameters Market Opportunities

Round A Type of investment

7 mio USD Equity/Convertible Constant growth of derivatives volume

Institutional uprise on licensed platforms 


global expansion marketing and clients ac uisition q (Coinbase, K raken)

M aj or venture deals in derivative space (FTX)

MTF license market making detailed SHA M arket participants are not strictly competitors
(Binance have invested in FTX, biggest market

participants often use M & A to scale)

Country - Ireland

Market Problems & Our Solutions

Ris k of hac k ed, frozen, or Lac k of exchange+mm trading des k Lac k of professional teams with
misappropriated assets combination (besides FT X ) ban k ing bac kgro u nd to lau nch 

z
Solutions to neutrali e counterparty risk :
Non-trivial strategy through mutiple revenue new prod u cts
— Copper ClearLoop integration. 
 streams of http://algos.xena.exchange and Team of Xena Exchange tailor 


FCA registered
 http://alpha10.xena.exchange to support the fi

speci cations to clients needs 
 ’ ;
custodian with off-exchange settlemen t
 initial volume and then proceed to BTC volatility launche d

— dAccs (decentralized accounts based 
 commission-based model based on new

on our fork of the Lightning protocol) products A lot of opportunities to differentiate 


in professional products 
 :
Low compliance standards Low speed and high latency 
 — autocallables

Xena.Exchange is A ML5 compliant, GDPR for algos — best of/worst of baskets

compliant, Crystal by Bitfury is integrated for Speed is paramount for the new wave of HFT s
— futures on different indices

BTC due diligence and we are already Xena (Golang) delivers 7 ms roundrip for — reverse convertibles

capable to work with fiat USD, EUR, CHF, GBP ~
external CPs and 0.08ms ( 80 microseconds)
— interest rate swaps

collateral .

for designated CP s
— mining difficulty trading
:
ref Binance (35ms), Bitmex (25ms)

Liquidity on par with top exchanges on the main contract

Slippage Bitmex Deribit Binance Futures Xena Exchange FTX

$1 70k / 820k 7.5k / 6k 16k / 140k 78k / 32k 5k / 273k

$2 75k / 950k 7.5k / 7k 32k / 163k 150k / 123k 5k / 273k

$5 109k / 934k 7.5k / 27k 89k / 261k 150k / 140k 20k / 280k

Team Book a call

Team ex. J P M organ, Deutsche Bank, Kaspersky is capable to build strong partnership in B2B space with

custodians and clients and provide them with new complex products

Anton Kravchenko, CEO Alex Semichastnov, CP O Alex Petrik, C MO

J.P. M organ Derivatives 
 Deutsche Bank product owner, 
 Waves Platform Head of
and Structuring, VTB Capital CT O of algorithmic broker 
 Communication, Head of Community

Associate Director ​ RA MM FX S O NM ​