{"id":201445,"date":"2023-11-27T17:45:42","date_gmt":"2023-11-27T12:15:42","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=201445"},"modified":"2023-11-27T17:45:42","modified_gmt":"2023-11-27T12:15:42","slug":"trading-strategy-partnership-with-enzyme-enhances-on-chain-asset-management-the-block-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/trading-strategy-partnership-with-enzyme-enhances-on-chain-asset-management-the-block-crypto-news\/","title":{"rendered":"Trading Strategy partnership with Enzyme enhances on-chain asset management\u00a0 The Block &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div style=\"text-align:justify\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\">Trading Strategy<\/a> has partnered with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/enzyme.finance\">Enzyme<\/a> to bring sophisticated <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/algorithmic-trading\">algorithmic trading<\/a> to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/decentralised-finance\">DeFi<\/a> and to evolve <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/on-chain\">on-chain<\/a> asset management.<\/p>\n<p>Enzyme users can now access sophisticated algorithmic trading strategies created by Trading Strategy\u2019s expert <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/quant\">quant<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/strategy-developer\">strategy creator<\/a> community through the Enzyme app. Strategies will be available both on Enzyme\u2019s website and Trading Strategy\u2019s website, which is accessible through a different frontend. For Enzyme users, these features will appear as a vault with a special Asset Manager that is executed by an automated protocol.<\/p>\n<p>For users looking to create their own algorithmic trading strategies for DeFi, it is now possible to create and backtest these Python based strategies by using the Trading Strategy framework and protocol, whilst having the familiarity and trust of using Enzyme\u2019s smart vaults.<\/p>\n<p>The strategic partnership will provide DeFi users with access to professional and sophisticated financial tools. The two teams will collaborate from both a technical and operational perspective, making DeFi more professional and accessible.\u00a0<\/p>\n<p>Trading Strategy will utilise Enzyme\u2019s smart on-chain <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/vault\">vaults<\/a>, which provide secure, transparent and trusted <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/smart-contract\">smart contracts<\/a>. Enzyme users can interact with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/decentralised-exchange\">decentralised exchanges<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/protocol\">protocols<\/a> and execute trades on-chain. Enzyme\u2019s on-chain vaults have a proven track record in the DeFi space with over 1,300 live vaults and highs of $230M+ in assets under management. Trading Strategy users will benefit from enhanced security, better trade execution and more transparency through Enzyme\u2019s smart vaults without needing the technical blockchain knowhow or resources to safely execute trades automatically. This leaves more time to focus on developing better performing <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tradingstrategy.ai\/glossary\/trading-strategy\">trading strategies<\/a>.<\/p>\n<p>Mona El Isa, founder at Enzyme, said: \u201cThis partnership opens up a crucial piece of infrastructure for professional quants interested in digital assets. The combination of Enzyme\u2019s asset management system and Trading Strategy\u2019s quant framework creates new possibilities to build and backtest on-chain DeFi strategies in a transparent, non-custodial and secure way. Making this accessible directly via the Enzyme app provides a simple and seamless user experience.\u201d\u00a0<\/p>\n<p>Mikko Ohtamaa, CEO &amp; co-founder at Trading Strategy, said: \u201cEnzyme is one of the most mature DeFi protocols in the market, showing a real use case for public blockchains. By having robust Python-based trading automation support from Trading Strategy, Enzyme users can benefit from advanced systematic trading strategies and AI, besides discretionary management by asset managers.\u201d\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"728\" height=\"90\" src=\"https:\/\/www.blockchaintechnology-news.com\/wp-content\/uploads\/sites\/10\/2023\/06\/image.png\" alt=\"\" class=\"wp-image-13759 lazyload\" \/><\/figure>\n<p><strong>Want to learn more about blockchain from industry leaders?\u00a0Check out\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/blockchain-expo.com\/\">Blockchain Expo<\/a>\u00a0taking place in Amsterdam, California and London.<\/strong><\/p>\n<p><strong>Explore other upcoming enterprise technology events and webinars powered by TechForge\u00a0<\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/techforge.pub\/upcoming-events\/\"><strong>here<\/strong><\/a><strong>.<\/strong><\/p>\n<p class=\"tags\"><span class=\"tags-title\">Tags:<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.blockchaintechnology-news.com\/tag\/asset-management\/\">asset management<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.blockchaintechnology-news.com\/tag\/enzyme\/\">Enzyme<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.blockchaintechnology-news.com\/tag\/trading-strategy\/\">Trading Strategy<\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trading Strategy has partnered with Enzyme to bring sophisticated algorithmic trading to DeFi and to evolve on-chain asset management. Enzyme users can now access sophisticated algorithmic trading strategies created by Trading Strategy\u2019s expert quant and strategy creator community through the Enzyme app. Strategies will be available both on Enzyme\u2019s website and Trading Strategy\u2019s website, which [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":201446,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-201445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/201445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=201445"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/201445\/revisions"}],"predecessor-version":[{"id":201448,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/201445\/revisions\/201448"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/201446"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=201445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=201445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=201445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}