Radkl
Radkl is a private quantitative trading firm founded in 2021 in New York that trades its own capital in digital asset markets using proprietary algorithmic strategies. Launched by GTS partners with Point72 backing, it focuses on cryptocurrency and planned DeFi markets.
- Company typePrivate
- Founded2021
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
Radkl firmographics
Firmographics- Name
- Radkl
- Website
- https://radkl.io
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Radkl is a private quantitative trading firm founded in 2021 in New York that trades its own capital in digital asset markets using proprietary algorithmic strategies. Launched by GTS partners with Point72 backing, it focuses on cryptocurrency and planned DeFi markets.
- Ownership category
- akta.pro rank
Radkl industry classification
Industry- Product category
- Quantitative Trading (Digital Assets)
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Commodity Contracts Intermediation (52316)
- SIC
- Commodity Contracts Brokers & Dealers (6221), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Decentralized Derivatives (perps, options, futures, synthetics) (FSAPAEAC)
- akta.pro secondary industry
- Securities Borrowing & Lending (Equities/Bonds) (FSACAIAC)
Keywords
Where Radkl is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Radkl business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations
Revenue model
- Proprietary Trading: The firm generates returns through proprietary trading of its own capital in digital asset markets using quantitative strategies. Revenue is derived from profitable trading positions rather than client fees.
Go-to-market motion1 record
Radkl product offering
Product offeringCore offering
Radkl is a proprietary quantitative trading firm that deploys its own capital using algorithmic trading strategies in digital asset markets, including cryptocurrency markets and planned expansion into Decentralized Finance (DeFi) markets. The firm does not offer products or services to external customers; its revenue is generated solely from returns on proprietary trading positions.
Differentiator
Problem solved
Functional benefit
Products and services
- Radkl Digital Asset Trading Platform
Companies that use Radkl
Customer profileSegments1 record
Ideal customer profiles1 record
Radkl technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Radkl partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- GTS (Global Trading Systems)coreRadkl was launched by partners of GTS, leveraging the quantitative trading expertise and infrastructure of the established trading firm. GTS partners brought their trading knowledge and systems to build the new digital asset trading operation. The firm is expected to extend its strategies into DeFi markets.
Scale indicators1 record
Radkl competitors and assessment
Company assessmentDirect peers
- Jump Crypto: Quantitative and high-frequency trading arm of Jump Trading focused on digital assets and DeFi markets. Directly comparable as a well-capitalized, institutionally-backed quant crypto trading firm operating across centralized and on-chain venues.
- Wintermute: One of the largest crypto-native algorithmic trading firms and market makers. Directly comparable to Radkl in deploying proprietary quantitative strategies across digital asset markets.
- Cumberland (DRW): Cumberland is the crypto asset trading arm of DRW Trading, a long-established proprietary trading firm. Comparable as a TradFi prop shop that spun up an institutional crypto trading desk using established quantitative expertise.
- Alameda Research: Former proprietary crypto trading firm founded by Sam Bankman-Fried that collapsed in 2022. Directly comparable in business model (proprietary crypto quant trading) and cautionary as a peer example of the downside of concentrated prop crypto exposure.
Broad incumbents
- Tower Research Capital: Established quantitative trading firm with TradFi roots that expanded into crypto markets. Comparable as a peer to Radkl's GTS lineage — a sophisticated prop trading shop migrating quant infrastructure into digital assets.
- Hudson River Trading: Elite quantitative trading firm with global TradFi operations and growing crypto exposure. Comparable in operating model and quantitative trading pedigree, though much larger and broader in scope.
- Citadel Securities: Global market maker and quantitative trading firm with growing digital asset operations. Comparable as a large, capital-rich quantitative trading player with institutional backing operating across asset classes including crypto.
- Galaxy Digital: Institutional crypto trading, asset management, and market-making firm. Comparable as a well-capitalized institutional digital asset trading platform with quantitative and trading infrastructure ambitions.
- Point72 Asset Management: Steven A. Cohen's multi-strategy hedge fund and the source of Radkl's anchor capital. Comparable as the institutional sponsor enabling Radkl's prop trading operations, and a benchmark for the type of TradFi capital flowing into crypto.
Others
- GTS (Global Trading Systems): The established quantitative trading firm whose partners spun out to launch Radkl. Comparable as the originating expertise and technology partner, providing the trading talent and infrastructure foundation.
Market position
Customer concentration
Radkl social profiles
Digital presenceRadkl financial estimates
Financial estimateRevenue estimate
Valuation estimate
Radkl leadership team
Management profileNumber of profiles
Profiles1 record
Radkl funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Radkl M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Radkl
What does Radkl do?
Radkl is a proprietary quantitative trading firm that deploys its own capital using algorithmic trading strategies in digital asset markets, including cryptocurrency markets and planned expansion into Decentralized Finance (DeFi) markets. The firm does not offer products or services to external customers; its revenue is generated solely from returns on proprietary trading positions.
Is Radkl a public or private company?
Radkl is a private company. It is classified as venture growth investor backed and is currently operating.
When was Radkl founded?
Radkl was founded in 2021. It employs 11 to 50 people.
Where is Radkl based?
Radkl is headquartered in New York, United States, in the North America region.
How does Radkl make money?
One revenue line is on record: proprietary Trading.
Who are Radkl's main competitors?
Direct peers on record are Jump Crypto, Wintermute, Cumberland (DRW) and Alameda Research. Broad incumbents are Tower Research Capital, Hudson River Trading, Citadel Securities, Galaxy Digital and Point72 Asset Management. GTS (Global Trading Systems) is listed as an others.
Does Radkl have an API?
No public API is recorded for Radkl.
What industry is Radkl in?
Radkl's product category is Quantitative Trading (Digital Assets). Its primary akta.pro industry code is FSAPAEAC, Decentralized Derivatives (perps, options, futures, synthetics), with a secondary code of FSACAIAC, Securities Borrowing & Lending (Equities/Bonds). Its NAICS code is 523 and its SIC code is 6221.