Efficient Frontier
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Efficient Frontier

Efficient Frontier adds strategic crypto-heavyweights to its backers with a new eight-figure round

ICON, Animoca Brands, Kyber Ventures and Starkware joined Alameda Research and Collider Ventures to back the algorithmic market maker

Efficient Frontier is proud to announce today that leading crypto-players, including the blockchain gaming powerhouse Animoca Brands, Kyber Ventures, ICON Foundation, the leading ZK proof blockchain firm Starkware, INX, Hillrise Ventures, BitMart and Cadenza Ventures, have joined Alameda Research in an eight-figure funding round.

Efficient Frontier, founded in 2018 and led by Roei Levav, Alon Elmaliah and Gal Ginio, has helped over 120 projects and exchanges build healthy markets while developing one of the crypto-industry’s most advanced algorithmic trading systems. With hundreds of thousands of transactions and hundreds of millions of dollars traded every day through its systems, EF aims to build the world’s most powerful autonomous trading system for digital assets.

Efficient Frontier’s volumes and revenues have seen a sharp increase since the beginning of the year. The company will use the new capital announced today to continue to grow revenues and advance its sophisticated CeFi and DeFi trading activities.

Efficient Frontier CEO Roei Levav and CTO Alon Elmaliah

“This is a great time to add new partners to our journey,” said Roei Levav, Efficient Frontier’s CEO. “Our partners have an amazing network that opens almost every door in the crypto-world.

We believe those who work fast enough gain the knowledge and the technical ability to secure a significant market share. We felt it was the right moment to ask meaningful partners to take part in our journey, believing in our shared path and ability to make the world of crypto more liquid, and thus more connected”.

“Efficient Frontier has built one of the smartest and brightest teams in the industry when it comes to trading crypto and HFT technology. We are excited to move forward with them in their journey and look forward to seeing their continued growth,” said Brian Lee from Alameda Research.

Yat Siu, executive chairman and co-founder of Animoca Brands, said: “Liquidity is pivotal for digital assets markets. We have experienced the value of Efficient Frontier’s technology and team first-hand and we look forward to growing our activities together.”

ICON’s Founder, Min Kim added: “We are very excited by what is being built at EF. We are confident that this team will continue to lead the way for digital asset trading in both CeFi and DeFi markets for ICON and many top blockchain projects.”

“Adoption and engagement within the decentralized finance landscape have seen significant growth in recent years. Efficient Frontier is at the forefront of understanding how these markets operate,” said Max Shapiro from Cadenza Ventures.

“Efficient Frontier has coupled a passionate and experienced team with the technical foundation needed to compete in every digital asset market. We look forward to supporting their future growth and are excited to join the team on this journey,” said Daniel Dal Bello from Hillrise Ventures.

About Efficient Frontier

Efficient Frontier has been building powerful autonomous trading technology in crypto markets since 2018. EF’s algorithms optimize hundreds of millions of dollars and more than one hundred fifty thousand transactions in daily trading turnover across numerous digital assets and exchanges 24/7/365. With several decades of combined technology, algorithmic trading and research experience, EF helps partners build healthier, liquid markets and deliver higher value for traders and investors. The current funding round will be used to expand the research and development teams to improve the backbone of the company’s systems and support new developments in the field.

For additional information, please contact:

Nir Hirshman, Hirshman Communications


Telegram: @nirshman




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Efficient Frontier

Efficient Frontier


Leading research & algorithmic trading firm for the cryptocurrency markets efrontier.io