PUNK TRADER ENTERS INTO A STRATEGIC PARTNERSHIP WITH UKRAINIAN DEVELOPER SASHA DIGITAL CONSULTING

Punk Trader, the electronic trading software company in the digital asset sphere, has entered into a strategic partnership with a Ukrainian software development company, Sasha Digital Consulting. The Sasha Digital team has been part of the process since Punk Trader began developing the consumer-facing platform that interconnects with fully automated trading algorithms in the digital asset sphere.

The agreement stipulates that up to six full-time developers from Sasha Digital Consulting will work full time on the platform until the official launch in late October, plus an additional 12 months.

The Ukrainian software development company specializes in blockchain technologies. The company was founded on the principle of simplifying user interfaces on trading platforms while also making it useable for hedge funds and larger institutional organizations. The development team has been involved in blockchain development since 2015, having done many e-wallets, tokens and other interfaces that manage the movement and reporting of digital assets.

Punk Trader is currently fundraising and preparing for a listing on the Dusseldorf Stock Exchange, planned for Q4 2020. The company aims to compete with eToro and others in the social trading platform space.

Additional Information

Punk Trader™ is an electronic trading software company in the digital assets sphere focusing on implementing profitable automated algorithmic trading strategies into the platform. The company focuses on retail traders and investors that want to have professionals running their trading securely in a developing and volatile asset class.

Ukraine is reputable in the world-wide IT community. There are about 170,000 Ukrainian IT specialists that work in startups, SMEs and large companies globally. There are also more than 100 research and development centres in Ukrainian locations, owned by major international corporations such as Microsoft, SnapChat and Samsung. Currently, more than 100 companies from the Fortune 500 list has Ukrainian It workers on their staff. Many well-known brands, noticeably Grammarly, Readdle, GitLab and People.AI, are sprung out of Ukrainian developers minds.