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Taoshi unveils Glitch, aiming to democratise AI trading

Thu, 31st Oct 2024

Taoshi has announced the launch of Glitch, a new Software-as-a-Service (SaaS) platform aimed at making advanced AI-driven trading strategies accessible to a larger audience.

Glitch has been developed to provide individual investors with high-performing automated trading solutions that are often out of reach for them, going beyond even the sophisticated strategies available to institutional investors.

"Glitch aims to disrupt traditional financial market trading by cultivating a more inclusive and innovative ecosystem," said Arrash Yasavolian, CEO and Founder of Taoshi. "Our goal is to create significant wealth opportunities for as many people as possible. We're dedicated to advancing this vision and making a positive impact on a broad scale."

The platform is currently in a closed alpha phase, which allows a select group of users to access and test it. This stage is critical for collecting feedback on user experience, as well as the functionality and performance of the platform. The beta phase is planned for early in the first quarter of 2025, with wider access set for early adopters and partnered wealth managers.

Following the beta, Glitch plans to make improvements based on user feedback and ensure that the platform is stable as more waitlisted users are onboarded. A full launch is targeted by the end of the first quarter of 2025.

Glitch distinguishes itself with AI-based trading strategies that do not require extensive trading knowledge. It operates as a non-custodial platform, meaning users maintain control over their funds, and provides an intuitive interface for easily integrating with existing brokerage and exchange accounts.

The mission of Glitch is to make institutional-grade trading strategies available to the masses, aiming to fill the gap in high-performing automated trading solutions for individual investors. The platform offers a plug-and-play interface that simplifies automation, enabling users to employ the sophisticated strategies without needing prior trading experience.

Technological innovations within Glitch include sophisticated AI-based trading models designed to optimise risk-adjusted returns and intelligent automated trading systems that facilitate efficient order execution, even for large trades. Enhanced security features ensure users have trade-only access to their accounts, while a non-custodial model means that users maintain control over their funds. Compliance initiatives are also in place, with efforts to achieve ISO 27001 and SOC 2 compliance for robust data protection and privacy standards.

Primarily, Glitch targets retail investors looking for advanced trading strategies, wealth managers aiming to enhance their offerings, institutional investors in need of efficient automated trading systems, and brokerages and exchanges wishing to integrate modern solutions into their services. The platform's long-term goal is to become the leading place for automated trading, making advanced AI-driven trading strategies accessible globally.

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