CoinShares launches algorithmic trading platform HAL

London-headquartered digital asset investment firm CoinShares announced it is launching an automated trading platform for retail crypto investors.

The trading platform called HAL will allow crypto traders to trade crypto-assets on centralised exchanges using trading algorithms designed by CoinShares’ quant team.

The new service will cost €19,90 per month with no limit on selecting strategies and the ability to cancel at any time. Hal is currently available only in Europe.

CoinShares

Jean-Marie Mognetti, Chief Executive Officer of CoinShares, commented:

We are delighted to launch HAL under CoinShares. We acquired Napoleon, which created Napbots, because we could immediately see our common goals: to democratise access to, and educate investors about, trading crypto assets. In a new, still-evolving ecosystem, we are very proud to be at the cutting edge of providing professional-level products, with simple user experience, to traders – enabling them to do much more with their crypto than simply ‘hodl’.

HAL’s launch is a part of CoinShares‘ broader integrated strategy. After allowing traditional finance players exposure to digital assets via its suite of crypto ETPs, now the company is addressing the target audience of crypto traders.

The European digital asset investment firm recently acquired Napoleon Asset Management, one of the first ever digital asset managers.

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