Tech Profiles Take on the Financial Trading Elite - Securing Growth Capital
Former Speqta founders Andereas Friis and Jonas Söderqvist are now announcing their new venture after leaving their operational roles. In stealth mode they have built a new tech company - Enigma Nordic AB - where they, with the help of previous experiences, have developed an innovative platform that challenges the global elite in financial trading. With a capital injection of SEK 20 million, and a trading volume that reached almost one billion USD in March 2024, Enigma is ready to establish itself as one of the industry leaders.
Enigma is the new venture of the Speqta founders, which aims to become one of the leading companies in the world in one of the most competitive industries - financial trading.
Andereas Friis, co-founder of Enigma:
Jonas and I identified early on an extensive inefficiency in the market for digital assets and used our experience from previous tech companies to develop a ground-breaking platform to be able to add liquidity in a profitable and automated way. Our goal is to become one of the leading companies globally in this competitive industry.
Enigma relies heavily on our previous experience in developing advanced technology combined with the ability to develop algorithms for different purposes. Now we gather our knowledge, our drive and commitment to build something completely new. At Enigma, we harness the power of the latest technology and data-driven insights and adapt this to develop advanced quantitative trading strategies for digital assets.
Since the company introduced its latest version of the platform in October 2023, turnover has gone from a few million dollars in trading volume per month, to almost a billion USD in March 2024.
Enigma Nordic is now taking in a capital injection of SEK 20 million at a valuation of over SEK 120 million from investors who have previously successfully invested in companies within the same niche.
Andereas Friis:
Ever since we as 19-year-olds challenged and were sued by Blocket.se, there has been a fire burning within us to challenge the absolute strongest players in various industries by using disruptive innovation and cleverness. When we now enter the world of financial trading, we face our biggest challenge yet.
The capital injection helps us take a big step to the goal of establishing Enigma as one of the leading companies in the world in one of the most competitive industries.
Enigma is based in Stockholm and will continue to operate from Sweden.
For more information, please contact:
Andereas Friis
andereas@enigmanordic.com
0739-944670
About Enigma Nordic
Enigma Nordic specializes in developing advanced quantitative trading strategies for digital assets by leveraging state-of-the-art technology and data-driven insights. The company's technical skills enable them to effectively carry out market making strategies based on advanced statistical models. In this way, the company contributes liquidity to the markets and promotes market stability, thus enabling investors to make more informed decisions in the digital asset market.