Alex Williams

LO:TECH, crypto, squash, boxing

[LO:TECH @lo_tech]

Our CEO @TimMeggs joined @RaghdaIbraheem on @FINTECHTVglobal to talk about markets that still close at 4.30.

https://t.co/Z6S9bmaJYr

[The LOCAL W.M.C. @TheLocalWMC]

'What the hell is a GPU?!'

Super excited to welcome @lazersays onto the pod tomorrow, kicking off the beer and chaos before our local event in Seoul that eve....Stay tuned

[CoinDesk @CoinDesk]

NEW: London-based crypto trading firm LO has raised $12 million in a Series A funding round led by MMC to expand into New York and Singapore.

The firm is also looking to grow its institutional trading services across crypto, traditional assets and prediction markets.

[LO:TECH @lo_tech]

LO:TECH has raised $12m in a Series A led by @MMC_Ventures, with @FactionVC, @13bookscapital and @atkaincubator

This funds our expansion into the US and Asia-Pacific, starting with New York and Singapore, and our execution services, which launch today.

https://t.co/LR2qxkzShV

[LO:TECH @lo_tech]

Compute now has a reference price.

@injective has launched the Super Intelligence Compute Index, an onchain market on the rental cost of five Nvidia GPUs. Our pricing feed is the benchmark behind it.

Thanks to Injective team for building it with us.

https://t.co/xsmAotHOv5

[The LOCAL W.M.C. @TheLocalWMC]

Building a new, faster, private internet.

@Austin_Federa chats about the bottleneck holding blockchains back and why @doublezero is on a mission to build a new internet... Links below ↓

[The LOCAL W.M.C. @TheLocalWMC]

Solana was trading around $1.10 when @Austin_Federa joined. So how did a tiny network become one of Crypto’s biggest players?

@Austin_Federa , Co-founder at @doublezero sat down with @TimMeggs in The Local (Seoul edition) to unpack what put them on the map. As always, links below ↓

[LO:TECH @lo_tech]

In London for DAS or Breakpoint next month? Come and let your hair down with us, as we put on an oasis tribute band and an evening of entertainment in an awesome old east-end WMC

[LO:TECH @lo_tech]

Last week we brought @TheLocalWMC to Seoul for @kbwofficial. 5000 miles from our London HQ, yet everyone got the score - no frills drunken good times with friends, dubious karaoke late into the evening. Thanks to all that came. Next up, the big one... Breakpoint @SolanaEvents

[The LOCAL W.M.C. @TheLocalWMC]

Prediction markets are booming, but why now?

In this short ep of The Local, Andy Ross, Head of Institutional at @Kalshi and @TimMeggs unpack what's changed and why prediction markets could be entering a much bigger phase of growth.

As always, links below ↓

[Tim Meggs @TimMeggs]

One of the biggest mismatches in contracted token market making is between the client's desire to hit certain order depth requirements at arbitrary spread levels — primarily driven by the equally arbitrary ±2% bands shown on CoinMarketCap and CoinGecko — and the natural breakeven spread at which a prop market maker would place orders.

There is always a hidden cost to providing depth tighter than breakeven.

[FINTECH.TV @FINTECHTVglobal]

Prediction market volume fell 15 to 20% in August after a "bumper" World Cup run, but the NFL's back next Thursday.

@AdMcMarkets of @lo_tech tells @RemyBlaireNews that's setting up "a big test" heading into the midterms, pointing to Michigan's Senate primary, where traditional polls badly missed while prediction markets came much closer.

[The LOCAL W.M.C. @TheLocalWMC]

The Local WMC Landlady, ladies and gentlemen.

[LO:TECH @lo_tech]

We're excited to welcome @MegWil08 to the LO:TECH team.

Megan is a fantastically talented producer and filmmaker, and is spearheading our media efforts across LO:TECH and our growing podcast series, @TheLocalWMC.

If you've seen anything online from us in the last few months, it's most likely been Megans handiwork! Great to have you with us Megan.

[LO:TECH @lo_tech]

Jackson Hole could be a major test for Bitcoin.

With BTC back around $80k but billions in liquidations behind the move, what happens if the Fed's message isn't what the market wants to hear?

Get insights like these from @AdMcMarkets free in your inbox: https://t.co/XJJuYXc7gR

[LO:TECH @lo_tech]

Both @Kalshi and @Polymarket listed identical World Cup markets for six weeks.

So why did the prediction markets finish with completely different numbers?

New report from @AdMcMarkets out today, on what each of them built and where they ended up...

https://t.co/wV3fMw3xjg

[Stephen @stephenxduffy]

Gandhi likes the creamers @TheLocalWMC

[England's Barmy Army 🏴󠁧󠁢󠁥󠁮󠁧󠁿🎺 @TheBarmyArmy]

A special guard of honour for a truly special player and person 👑

[The LOCAL W.M.C. @TheLocalWMC]

Every founder has a point where they decide there's no going back...

@TimMeggs is joined by @rquanm from @Boole_AI to discuss leaving investment banking and what it takes to create the next generation of trading infrastructure.

Links below as always ↓

[LO:TECH @lo_tech]

The first edition of the LO:DOWN lands June 19th.

Every week, @AdMcMarkets will break down the signals that matter most to market participants. From microstructure, macro and prediction markets to everything in between.

Don’t miss it ↓

https://t.co/11FxXyQqK1