AlphaBot, a company that combines portfolio construction and execution, professional networking, cloud computing and data management all in one place, announced it has added performance data and analysis tools enabling investors for the first time to compare, portfolio build, and compile reports on more than 1,600 cryptocurrencies and tokens.
Launched in 2018, AlphaBot helps allocators -- including high net worth individuals, family offices and institutions -- find and connect with investment platforms, hedge funds, data sources and other providers. Using AlphaBot, allocators can obtain fund performance and benchmarking data, then model, build and execute portfolios all from a consistent, user-friendly interface.
“As the cryptocurrency markets grow and mature, AlphaBot now is the only platform that allows for thorough research, analysis, and comparison of performance of crypto currencies along-side other investments including hedge funds, CTAs, and equities all in one place,” said Dmitri Alexeev, Ph.D., AlphaBot chief executive officer.
There are now more than 1,600 different cryptocurrencies with an aggregate market capitalization approaching $300 billion. Until today’s news from AlphaBot, an investor looking to add cryptocurrencies to a portfolio faced a daunting task in gathering data and conducting research that was characterized by fragmented sources, multiple formats, and inefficient tools.
Todays’ news follows AlphaBot’s recent announcements regarding new client additions and that data from BarclayHedge and Morningstar are available on the AlphaBot platform.