Flourishing Capital and Volatility Protocol Partner to Combine Leading Volatility Modeling and AI-powered Market Analysis Capabilities
Flourishing Capital and Volatility Protocol are announcing a strategic partnership to deploy real-time volatility feeds to Flourishing AI’s DeFi portfolio analysis platform, and to develop AI-powered volatility forecasts for popular DeFi assets.
The crypto market mirrors various attributes of fiat & legacy finance, yet is still nascent in the development of quantitative market analysis, particularly volatility determination.
Volatility Protocol provides robust real-time volatility index feeds for a variety of crypto assets. It acts as a money lego that, combined with other popular DeFi protocols, enables development of a wide range of novel volatility-based products. Their volETH Index is calculated using a similar methodology to that which underpins the VIX® Index*, the premier volatility benchmark for the U.S. stock market.
Flourishing AI is a data-driven AI-based market analysis platform, which collects over 20GB of blockchain data per day of wallet balances and transactions to analyze capital inflows and outflows, delivering active blockchain monitoring, high frequency trading, active portfolio rebalancing, automated arbitrage, target price probability analysis, and early pattern recognition of bull markets, or bear markets, or unexpected market events. This level of quantitative analysis enables trading decisions based on market supply and demand fundamentals, rather than social media sentiment, which is a prerequisite for traditional asset managers to consider entering the crypto asset class.
This collaboration is expected to lead to advancements in Volatility Protocol’s feeds through machine learning and enhance Flourishing AI’s market analysis platform by harnessing real-time volatility analysis across the DeFi ecosystem. As part of the partnership Flourishing AI will utilize Volatility Protocol’s native token (VOL) to help audit and secure the volETH Index. Volatility Protocol uses a decentralized validation mechanism that leverages Ethereum, Interplanetary Filesystem (IPFS), and the VOL token to verify its data, methodologies, and calculations.
“The Flourishing Capital team is excited to partner with Volatility Protocol to extend both solutions’ market leadership in volatility insights and artificial intelligence driven portfolio rebalancing. The combined solution benefit is unmatched in the market — no one comes close.”
- Eric Gonzalez, Chief Executive Officer @ Flourishing Capital.
“Volatility is a fundamental force in all markets, but it’s hard to overstate its presence in crypto assets. We are thrilled to work alongside Flourishing Capital to develop novel volatility forecasting techniques for popular crypto assets using machine learning.”
- Chris Cashwell, Founder & Head of Engineering @ Volatility Protocol.
About Volatility Protocol
Volatility Protocol offers a suite of decentralized volatility feeds designed for crypto and built for DeFi. They create real-time, composable volatility index feeds for all types of assets that make it easy to deploy volatility-based products on Ethereum, unlocking a whole world of novel possibilities.
The Volatility Protocol team includes world-renowned economists, PhD mathematicians, professional derivatives traders, seasoned engineers, game theory experts, and crypto veterans, who’ve contributed to a host of innovations in financial markets and beyond.
About Flourishing AI
Flourishing AI is the most advanced artificial intelligence, portfolio management and insights solution in the market. The live platform supports portfolio risk-adjusted returns by combining deep learning inference, active blockchain monitoring, high frequency trading, active portfolio rebalancing, automated arbitrage, target price probability analysis, and early pattern recognition of bull markets, or bear markets, or unexpected market events.
Founded in 2019, Flourishing Capital (creators of Flourishing AI) is led by experienced entrepreneurs who’ve held key roles at Nvidia, Oracle, Gree, and Planview, with a combined three decades of experience in digital assets research and development, payments systems, scalable platform deployment, and acquisitions at companies such as Paypal.
To learn more about Flourishing Capital, visit https://flourishingcapital.io.