Kryll.io selected by BPI (French Public Investment Bank) for its innovative support program
The Automated Crypto Trading platform
Valbonne, February 27th, 2019
Cryptense, holder of Kryll.io, was selected by Bpifrance (the French Public Investment Bank) to support the development of its cryptocurrency trading platform.
Kryll.io is the first intuitive platform allowing users to define powerful crypto trading strategies through a simple drag and drop editor. With our Wysiwyt™ (What You See Is What You Trade) flow-based technology, building your basic or advanced automated trading systems becomes intuitive, fast and easy ; no dev skills needed anymore! For the less experienced traders a MarketPlace offers a lot of strategies made by other advanced users and ready to use. There is a revolution there, it is up to you to be part of it!
Kryll.io was released in V1 in January 2019, and Bpifrance has decided to strengthen its future developments with a major investment.
Luca BENEVOLO, CEO of Cryptense commented :
This is really good news for us and our community to see the French institutions supporting us in this way. Bpifrance proves its confidence and commitment in the innovative Blockchain technology sector and in the emerging digital asset industry. Bpifrance’s financial support for our project marks a very important step in our development. It will accelerate the development of our new technologies and help us to increase our R&D investments in the machine learning sector. All this will have very positive repercussions for our users, who will see constant quality improvements of the tools at their disposal to improve theirs trading strategies.
Rolland VITI, Innovation Service Officer of Bpifrance said:
We hope this investment will allow you to accomplish as fast as possible the innovative program you aim to develop.
Arnaud Caudoux, Deputy CEO at Bpifrance said:
Boost innovation and development of blockchain in France, It is also the mission of Bpifrance! We support the best and the most promising, like Cryptense with Kryll.io, its automated crypto-currencies trading platform.
Bpifrance’s capital stock investments are managed by Bpifrance Investissement. Bpifrance is a subsidiary of the Caisse des Dépôts group and the French State, a trusted partner for entrepreneurs, supporting companies until their stock market listing via credit, guarantees and capital stock. In addition, Bpifrance provides guidance and extended support services for innovation, external growth and exports in partnership with Business France. Bpifrance offers companies a continuum of financing options for each key stage in their development, and a highly adapted range of regionally-specific services.
Bpifrance operates as support to the public policy driven by State and Regional governments in order to meet three objectives:
- support growth of small and medium businesses
- prepare for future competition
- contribute to the development of an economic ecosystem that favours entrepreneurial activity.
With Bpifrance, companies benefit from having a strong partner by their side, able to respond to all their financing, innovation and investment needs. For more information, visit: www.bpifrance.fr
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