
Main Activities
Acheron Trading’s main activity is to provide liquidity for the digital economy, particularly in digital asset markets (cryptocurrencies). The company acts as a market maker on centralized and decentralized exchange platforms, facilitating price discovery and ensuring sustainable market depth.Acheron Trading offers several services:- Principal Market Making (PMM): A market making model based on symbiotic loans and options, with real-time market metrics.- Designated Market Making (DMM): Contract-based market making service, tailored for clients.- Managed Execution: Automated and customized execution of digital asset buy and sell orders for clients.- Technology Provider (Command Station): Provision of professional trading infrastructure, software licenses, and consulting.Acheron Trading’s target market includes cryptocurrency exchange platforms (CEX and DEX), token issuers, investment funds, innovative projects in digital finance, and institutional players seeking to improve the liquidity and efficiency of their digital asset markets.
History
Acheron Trading is a company specialized in providing liquidity for the digital economy, mainly in digital asset markets. Since its creation, Acheron Trading has positioned itself as a key player in market making on centralized and decentralized platforms, focusing on transparency, real-time execution, and market depth.
Key stages of its development:
- Creation: Acheron Trading was founded to meet the growing need for liquidity and efficiency in digital asset markets.
- Product development: The company offers several services:
- Principal Market Making (PMM): Symbiotic model of lending and call options with real-time market metrics.
- Designated Market Making (DMM): Custom contractual service for platforms seeking professional liquidity management.
- Managed Execution: Automated and customized execution for buying and selling digital assets.
- Command Station: Professional trading infrastructure and software licenses, accompanied by specialized advice.
- Partnerships and recognition: Acheron Trading is a member of several recognized associations in the fintech and crypto sector, such as the Singapore Fintech Association, Access Singapore Cryptocurrency and Blockchain Industry Association, and the BCNL Foundation.
- Regulation and expansion: Acheron Europe B.V., its European subsidiary, is licensed by the Dutch Authority for the Financial Markets (AFM) to provide digital asset services, in accordance with MiCA regulations.
- Strategic changes: The company has continually expanded its service offering, moving from simple market making to comprehensive technology solutions and supporting clients in managing their execution on digital markets.
Acheron Trading stands out for its commitment to innovation, market resilience, and regulatory compliance, while supporting players in the crypto ecosystem in their growth.
Team
The founder of Acheron Trading is Wesley Pryor, who was also the founding CEO. Since September 30, 2023, Laurent Benayoun has been appointed CEO and Chairman of the Board. Wesley Pryor remains actively involved as a Partner, focusing on business development and the company’s long-term strategy.
Laurent Benayoun, previously co-founder of HedgeTech (acquired by Acheron Trading), joined Acheron as a Partner, responsible for research and development. He has a strong academic background (Princeton, Boston University) and professional experience (projects at Cornell, expert for Alumni Ventures, etc.).
Acheron Trading’s management team is made up of experts in mathematics, computer science, risk management, economics, consulting, accounting, and regulation, with experience at Goldman Sachs, PwC, Macquarie Group, as well as in entrepreneurship and academic research.
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