Alphacat gets strategic partnership with Rootscap Capital

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Alphacat has recently reached a strategic partnership with Rootscap Capital. Alphacat will use its own ACAT financial engine to provide digital currency custody services for Rootscap Capital, achieving value-added results for digital assets.

Alphacat’s ACAT financial engine is a smart investment engine driven by artificial intelligence and big data. The ACAT engine algorithm is derived from the deep learning of thousands of AI robots for large, digital asset data. There are three engines — the AI forecasting engine, the index engine, and analysis tools — that make decisions for digital asset investments. Currently, Alphacat’s BTC forecasting product, and the NEO/ETH/EOS forecasting products that will be released in the coming months, are based on the ACAT engine. The engine is also one of the core technologies of the ACAT Store. The API of the engine is expected to be open to some institutional developers by Q3. Then, developers will be able to use the ACAT engine to develop their own financial products to obtain a substantial income on their investments, and receive the benefits of product sales at the ACAT Store.

Rootscap is one of the leading angel investment funds in China, founded by Mr. Ran Lizhi, a veteran with over a decade of investment, finance and management experience. Since the beginning of 2013, Rootscap has successfully invested in dozens of early-stage VC projects, involving: big data, e-commerce, smart hardware, online traveling, consumption upgrades, and in numerous cultural and creative fields. Eighty-precent of his projects have earned a new round of investment following their first round of investment. Rootscap has a very rapid, investment decision-making mechanism, and strong follow-up service capabilities. Through their professional services, they hope to help the new generation of revolutionary, Chinese, creative enterprises to grow rapidly and become every entrepreneur’s most trusted partner.

Source: https://medium.com/@AlphacatGlobal/alphacat-and-rootscap-enter-into-a-strategic-partnership-baa861506135

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