Co-Founder Chris Yu Explains How SignalPlus is Disrupting the Crypto Options Market | Blockcast 55
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Chris Yu co-founded SignalPlus in 2021 to address key gaps in the crypto options market, leveraging his experience as a trader and his insights into the market's early-stage potential.
In this Blockcast episode, Yu explains why he sees the state of crypto options resembling the FX options market around 2000 and why there is an opportunity to build infrastructure that could scale with the industry's growth.
Yu reveals how SignalPlus adopted a volume-based revenue model, details its trading tools and portfolio management, reflects on its market making infratructure, and highlights its structured products.
He also discusses the biggest challenges in challenges in crypto trading is managing a 24/7 market with traditional approaches, and how SignalPlus is addressing these issues by developing a robotic system capable of automating market making and risk management.
Looking to the future, Yu envisions integrating AI and quantum computing into their systems to further automate trading and risk managementm and shares his advice for young professionals.
Blockcast is hosted by Head of APAC at Ledger, Takatoshi Shibayama. Previous episodes of Blockcast can be found on Podpage, with guests like Samar Sen (Talos), Jason Choi (Tangent), Lasanka Perera (Independent Reserve), Mark Rydon (Aethir), Peter Hui (Moongate), Luca Prosperi (M^0), Charles Hoskinson (Cardano), Aneirin Flynn (Failsafe), and Yat Siu (Animoca Brands) on our most recent shows.
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