Tech roundup: New Canadian crypto analysis app launched
It’s important to use multiple sources and weight them, as each individual source has bias, Donna Tilden, CEO and founder of Guavy, explained in an interview.
Guavy launched in 2016 and offers a sandbox for developers and quantitative analysts to create custom information feeds. While some hedge funds in the U.K. are using Guavy, with increasing interest from family offices, the iOS app is designed for more casual, individual crypto traders, Tilden said.
But sentiment is only one piece of the puzzle, Tilden stressed. “The hedge fund in the U.K. … is not going to rely on a signal from Guavy to make trading decisions. It’s a small piece.”
Eventually, Tilden wants to expand Guavy’s sentiment analysis to tokenized…
