Automated trade execution platform Omega One beat out hundreds of applicants to win LendIt’s Lang Di Fintech PitchIt competition in Shanghai on July 16.
Lang Di Fintech PitchIt partners with Shanghai-based co-working and incubation space JadeValue to provide fintech startups with mentorship, endorsement and exposure to institutions and investors.
“The judges were impressed with Omega One’s solution that helps the entire cryptocurrency market,” LendIt cofounder Jason Jones said. “Omega One opens the market to the next wave of capital from institutional investors by providing much needed transparency and liquidity. The Omega One team is young, smart and hungry and they are dialed in to a big opportunity.”
“Winning the PitchIt competition is further evidence that the innovations happening in the crypto space are no longer considered a sideshow in the financial technology world,” Omega One CEO Alan Keegan said. “They are now moving into the spotlight. This is exciting not just for Omega One, but for other disruptors building products in the crypto ecosystem.”
Omega One earned an RMB 1 million investment from JadeValue, six months of co-working space, and a LendIt 2018 package including travel, accommodation and meetings with fintechs and investors.