On August 21st, the fintech company FluidAI announced a partnership with the UK’s Imperial College London to address challenges in the cryptocurrency market’s liquidity.
Ahmed Ismail, Co-founder, President, and CEO of FluidAI, said, “We are delighted to partner with I-X, Imperial College London’s groundbreaking AI initiative on this highly strategic and impactful project that is a global first and one that will help solve what is one of the biggest problems in the crypto industry,”
Crypto markets face issues due to limited and scattered liquidity, resulting in problems like high volatility, price changes during trades, susceptibility to market manipulation, and sudden market crashes.
Unlike traditional markets such as stocks, which have advanced systems in place, crypto markets lack a well-established infrastructure. The partnership aims to address these problems and enhance the functioning of digital asset markets.
Also Read: China Launches Aggressive Clampdown on Crypto and AI Fraud
