Plugsic

Name

Plugsic

Legal name

Plus Capital Management, LLC

Website

https://plugsicai.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Algorithmic Trading Platform

NAICS

Securities and Commodity Exchanges (52321), Commodity Contracts Intermediation (523160), Miscellaneous Intermediation (523910)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221), Finance Services (6199)

akta.pro industry

PRIMARYFSAPAEAF

Liquidity Provision & Market Making Protocols (AMMs, concentrated liquidity, LP tooling)

Financial & Insurance/Blockchain & Web3/DeFi & On-Chain Financial Services (lending, derivatives, stablecoins, payments)

SECONDARYFSADAJAC

Market Making & Liquidity Provision

Financial & Insurance/Crypto & Digital Assets/Institutional Infrastructure (Prime Brokerage, OTC & Liquidity)

SECONDARYFSADAMAH

Liquidity Management & Market-Making Protocols

Financial & Insurance/Crypto & Digital Assets/Decentralized Finance (DeFi) Platforms

SECONDARYFSADABAJ

On-Chain Limit Orders & Algorithmic Execution

Financial & Insurance/Crypto & Digital Assets/Decentralized Exchanges (DEX) & On-Chain Trading

Keywords

• Algorithmic trading platform
• Delta-neutral strategies
• Quantitative execution infrastructure
• Market-neutral alpha generation
• Institutional execution network

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Performance Fee (Carry): 15% performance fee on realized alpha generation only, strictly contingent on High-Water Mark performance. No management fees, no subscription costs, no setup fees. If the system doesn't generate alpha, the company doesn't get paid, aligning incentives between provider and investors.
2. Funding Rate Capture: The system captures 8-hour funding payments from perpetual futures markets by maintaining short positions. These payments are auto-compounded hourly. Revenue derived from the spread between spot and futures prices in volatile digital asset markets.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Plugsic Protocol operates a proprietary algorithmic execution platform that runs delta-neutral basis arbitrage strategies (Long Spot + Short Perpetual Future) via its Neural Execution Core, executing approximately 4,000 basis-dislocation operations per second. The non-custodial platform connects qualified and accredited investors to their preferred custodian (Fidelity, Charles Schwab, Interactive Brokers, Coinbase Prime) via secure OAuth API tunneling to deploy capital into market-neutral strategies with a 0% management fee and 15% performance-only carry model.

Product overview

Plugsic is an institutional execution and algorithmic trading infrastructure operated by Plus Capital Management, LLC (SEC Registered RIA). The core platform, Plugsic Protocol, provides delta-neutral basis trading strategies through a proprietary Neural Execution Core executing approximately 4,000 times per second. The system offers three capital allocation tiers: Core Allocation ($5,000 minimum, automated spot-future basis diversification), Private Client ($50,000 minimum, segregated cross-exchange arbitrage with sub-4ms latency), and Family Office (invite-only, bespoke structure for $500k+). Core features include Institutional Dark Pool Routing, Low-Latency DMA Colocation, Delta-Neutral Hedging, Automated Tax-Loss Harvesting, and Algorithmic Portfolio Rebalancing. A Public Simulation Node enables prospective users to test strategies against live market data without login. The platform operates on a 0% management fee / 15% performance fee (High-Water Mark) model with non-custodial architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Plugsic Protocol (Core Platform) Registered investment infrastructure specializing in high-velocity algorithmic execution and market-neutral alpha generation. Operated by Plus Capital Management, LLC (SEC Registered RIA #801-128254). Provides delta-neutral basis trading strategies via proprietary Neural Execution Core with a 0% management fee / 15% performance-only carry model.
• Public Simulation Node Interactive simulation environment using live market data from CoinGecko/Chainlink that allows prospective clients to test delta-neutral algorithm logic with historical scenario replay (COVID Crash, 2022 Rate Hike Cycle). Includes a delta-neutral visualizer, live execution log, and correlation metrics. Accessible without login in guest mode.

Quantifiable outcome

• 58.2% verified net alpha (Audit Period: Nov 2024 - Dec 2025)
• +6 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability6 records

Feature9 records

Partnerships

Twelve partnerships are on record, tiered core and supporting.

• FidelitycoreTechnology or IntegrationCustodial partner for retail-linked accounts. Funds remain with Fidelity while Plugsic executes algorithmic strategies via API. Clients retain full custody with institutional-grade execution overlay.
• Charles SchwabcoreTechnology or IntegrationCustodial partner for self-directed investors. Plugsic provides algorithmic execution layer while Schwab maintains custody of client assets.
• Interactive BrokerscoreTechnology or IntegrationInstitutional execution partner enabling algorithmic strategy deployment across multiple asset classes with direct market access.
• Coinbase PrimecoreTechnology or IntegrationPrimary digital asset custody and execution partner. Provides API integration for real-time collateral verification and segregated wallet execution for institutional clients.
• FireblockscoreTechnology or IntegrationInstitutional-grade custody network providing multi-signature vault architecture and live proof of reserves API for real-time collateral verification.
• NVIDIAcoreTechnology or IntegrationExecution core infrastructure powered by NVIDIA low-latency hardware for proprietary basis-dislocation models and high-velocity algorithmic processing.
• AWS (Amazon Web Services)supportingTechnology or IntegrationCloud infrastructure partner for AWS-KMS managed encryption environments and data processing. All infrastructure partners subject to SOC2 compliance verification.
• PlaidsupportingTechnology or IntegrationSecure OAuth tunneling for account linking and identity verification. SOC2 certified partner with trade-only permissions.
• SnapTradesupportingTechnology or IntegrationAPI integration partner for brokerage account connectivity and secure credential management.
• StripesupportingTechnology or IntegrationPayment processing infrastructure partner for client fund transfers and transaction settlement.
• OpenAIsupportingTechnology or IntegrationAI infrastructure partner for algorithmic model development and strategy optimization within Neural Execution Core.
• SecuTradecoreTechnology or IntegrationIndependent security auditor providing live cryptographic audits and system integrity verification for Plugsic Protocol v4.2.1-stable.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• GSR: Crypto trading firm and liquidity provider running delta-neutral and arbitrage strategies at scale with proprietary execution infrastructure. Directly comparable on the algorithmic basis-trading and cross-venue execution stack.
• Wintermute: One of the largest crypto-native market makers and liquidity providers globally. Both firms run high-velocity algorithmic execution targeting basis/funding-rate capture across venues, the same core strategy Plugsic commercializes to accredited investors.
• Amber Group: Institutional crypto trading and asset management firm offering yield, market making, and structured strategies to HNW/institutional clients. Overlapping RIA-style crypto allocation business and similar delta-neutral product positioning.
• QCP Capital: Asia-headquartered crypto trading firm specializing in derivatives, options, and structured yield products for institutional clients. Closely comparable market-neutral delta product suite and institutional client focus.
• Cumberland (DRW): DRW's crypto trading arm acting as a principal liquidity provider and OTC counterparty for digital assets. Competes on the same algorithmic execution and liquidity provision layer that Plugsic's Neural Execution Core targets.

Broad incumbents

• FalconX: Institutional digital asset prime broker offering execution, credit, and yield products to institutions and HNW investors. Comparable audience and prime brokerage positioning, though more diversified product set than Plugsic's focused basis strategy.
• Galaxy Digital: Public crypto financial services firm offering trading, asset management, and prime brokerage. Overlaps on institutional crypto execution and quantitative trading, but at much larger scale and broader service portfolio.
• Bitwise Asset Management: Registered crypto asset manager offering yield-oriented strategies to RIAs and accredited investors. Comparable regulated wrapper for digital asset alpha and overlap on the HNW/RIA channel.

Regional players

• BlockChain.com Institutional: Crypto prime brokerage and institutional execution platform. Comparable institutional execution and custody positioning, though serving a broader client base (exchanges, miners, treasuries) alongside accredited investors.

Others

• Coinbase Prime: Custody and execution infrastructure partner of Plugsic, also offering its own institutional prime brokerage and execution services. Listed because Coinbase Prime is both a vendor to Plugsic and a potential competitor/integrator in the institutional crypto execution space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/plugsicai

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Plugsic