Ather Digital
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Ather Digital was a New York digital asset trading platform built for institutions, founded in 2022 by Sam Kiki. It developed a high-frequency trading system for centralized and decentralized digital asset markets, offering bilateral OTC trading, algorithmic execution, direct market access, lending, custody, and portfolio and risk management on an integrated execution platform. In May 2023 it raised a $12 million seed round led by Delta Blockchain Fund, with participation from Ascensive Asset Management, Dream Ventures and Wave Digital Assets.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Company founded
Ather Digital is founded in New York by Sam Kiki as a digital asset trading platform for institutions.
- Seed funding
In May 2023, Ather Digital raises a $12 million seed round from Delta Blockchain Fund, with participation from Ascensive Asset Management, Dream Ventures and Wave Digital Assets.
- Acquisition by VersiFi
On May 3, 2024, Ather Digital is acquired by VersiFi, a NYC-based digital asset trading and lending firm, for an undisclosed amount.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.