TL;DR
Last week we took a break from our regular newsletter cadence as we were on the road for a two-part team trip – a working offsite for the core Triton team followed by the 2nd Annual Triton Liquid Summit. We will resume our regular posting next week, but for this week’s edition we want to provide a quick summary of what has been happening in the Triton world over the past several days.
Triton Offsite
Though Triton Liquid is headquartered in Abu Dhabi, the team is geographically dispersed around the world. As such, we hold working offsites a few times throughout the year where we all come together in person for focused attention on high-level initiatives and continue to strengthen our team bonds, critical in remote-first organizations.
Sparing the minutiae, we came away refreshed and reinvigorated about how digital assets and our liquid strategy are poised for success moving forward. Most excitingly, over the past few months we have been working to unify our quant trading research and development with our data driving approach to investing.
Our new CTO John Stowers (PhD, Electrical and Electronics Engineering, focused on computer vision and robotics) has been hard at work rebuilding our tech and data stack from the ground up. The new infrastructure will provide us with an even more flexible and robust data platform, compounding our ability to track markets in real time while also providing powerful capabilities around modeling, machine learning and predictive analytics.
2nd Annual Triton Summit
The highlight of the past week was the resounding success of the 2nd Annual Triton Summit. Each year, we invite roughly 20 representatives from some of the top liquid and venture digital asset funds to come together and share best practices, market outlooks and strengthen relationships around the industry.
Generously hosted at the home of FJ Labs co-founder Fabrice Grinda, attendees benefitted from presentations around trading market structure, macro market analyses, exciting new ecosystem developments, business communication best practices and insightful lessons learned over the past few digital asset cycles.
Following the dedicated morning sessions, attendees had unstructured time to meet other managers while engaging in a range of water and court activities, highlighted by the many intense padel matches (a new and humbling endeavor for several of the US-based managers, your author included).
High level takeaways:
MEV (Maximum Extractable Value) is the value captured by third parties on blockchain networks