We are FOLKVANG, a quant trading firm interested in borrowing 1,500,000 TUSD for 30 days at an annualized rate of 11.6% [EDIT: 13.1%]. We’ve been watching TrueFi and would love to expand our relationship with the community over time.
Our crypto genesis story begins before DeFi; at the very dawn of CeFi, when Binance was but a glint in CZ’s eyes and Ether a whisper in the wind. We go back yet further, spanning crypto winters and frenzied peaks alike. We venture out to a mythical place far away; from the western lowlands we go beyond Asia to face Mt. Gox. Ruled by a strange French king it was the highest mountain in the land. We set out to traverse the dangerous crevasses, a ruthless quest too harsh to bear for many. As we passed frozen bodies of the fallen, we continued tirelessly and strengthened our resolve.
But this is not the tale of Mt. Gox - a story we all know too well; one we reminisce on with grimaced faces around campfires once the young have gone to bed. This is the story of a crypto world that phoenixed from the ashes and the trading firm that came along with it. From its humble beginnings as the creator of Gekko, a now famous story from a time long passed, yet ever popular amongst the finest craftsman on Github; to Agent Smith, an arbitrage bot trading billion dollar volume on Poloniex in 2017; and finally culminating in FOLKVANG.
We have used this experience and our expertise to evolve into a force active in nearly all crypto markets. Chief amongst our many strategies is market making where we harness our market leading technology and infrastructure. You may not know us by name, but we have likely met before. When you have wanted to buy, we were willing to sell; and when you have wanted to sell, we were willing to buy. We look forward to continuing this partnership.
As is courtesy, we will lift our skirt and show our ranking in one of the halls of fame (FTX). This is but a taste of our global breadth and depth as we spread our expertise like an invisible umbrella protecting and nurturing the crypto ecosystem.
Are you ready to go on this epic journey with us?
- Zero drawdowns over the past 24 months of active trading.
- Integrated with all major crypto exchanges (and their APIs) since the start of 2013.
- Incorporated and formalized as Folkvang in mid-2020 after three years of hyper success.
- Core trading is market neutral HFT in active coins across all leading exchanges.
- Proprietary global trading infrastructure around the world, co-located with exchanges wherever possible.
- Daily volume in the billions of USD.
- We are hyper-nimble and take advantage or our lean structure enabling us to be first to market and capitalize on dislocations
- Follow the founder on Twitter: twitter.com/mikevanrossum