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Institutionalizing Crypto Asset Management Powered by Disclaimer - - PowerPoint PPT Presentation

Institutionalizing Crypto Asset Management Powered by Disclaimer This confidential Management Presentation has been prepared by Caspian, Ltd. and Caspian Holdings, Ltd. This Management Presentation may include certain statements, estimates and


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Institutionalizing Crypto Asset Management

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Disclaimer

This confidential Management Presentation has been prepared by Caspian, Ltd. and Caspian Holdings, Ltd. (together, “Caspian” or the “Company”). The Company is exploring various strategic options as regards the way it

  • ffers its products and services and/or interacts with its customers and other stakeholders (each a “Possible

Transaction”). The Company has retained Kenetic Capital Consulting Ltd. (“Kenetic”) as its advisor. This Management Presentation is being furnished by the Company and has been prepared solely for informational purposes. This Management Presentation has been prepared to assist interested parties in making their own independent evaluations of Caspian and does not purport to be all-inclusive or to contain all of the information that may be material to a prospective participant’s decision to participate in a Possible Transaction. Each recipient of the information and data contained herein should perform its own independent investigation and analysis prior to consummating any Possible Transaction. The information and data contained herein are not a substitute for the recipient's independent evaluation and analysis. The Company reserves the right, in its sole discretion, to withhold any or all information from any party. In furnishing this Management Presentation, neither Kenetic nor the Company undertakes any obligation to provide the recipient with access to any additional information or to update any of the information contained herein. Each recipient understands and agrees that (i) Caspian shall be free to conduct any process for a Possible Transaction as it in its sole discretion shall determine, (ii) any procedures relating to such investment may be changed at any time without notice to any recipient or any other person and (iii) each recipient shall not have any claims whatsoever against Caspian, Kenetic, or any of their respective directors, managers, officers, employees, equity holders, owners, affiliates, agents or representatives arising out of or relating to a Possible Transaction. Caspian reserves the right, in its sole discretion, to evaluate the terms and conditions of any and all proposals made by any recipient, enter into or terminate negotiations or enter into agreements with any potential investor or multiple investors at any time, reject any and all proposals made by any recipient or any other prospective investor, modify the process being conducted with respect to a Possible Transaction or terminate discussions and negotiations with any recipient or any other prospective investor at any

  • time. Neither Caspian, Kenetic nor any of their respective affiliates, officers, directors, employees, equity holders,
  • wners, representatives or agents shall have any liability to any recipient or any other person or any other

potential investor as a result of the manner in which the process with respect to a Possible Transaction is conducted, the rejection of any proposal for a Possible Transaction or the acceptance of a proposal for a Possible Transaction. The Caspian tokens referenced herein are not intended to constitute securities in any jurisdiction. This Management Presentation does not constitute a prospectus nor offer document of any sort and is not intended to constitute an offer or solicitation of securities or any other investment or other product in any jurisdiction. The Caspian tokens are not, and are not intended to, be registered as securities with any securities regulator. This Management Presentation does not constitute advice to purchase any Caspian tokens, nor should it be relied upon in connection with, any contract or purchasing decision. Neither the Company nor Kenetic has, and neither of them will, independently verify any of the information and data contained herein, and the recipient understands and acknowledges that neither the Company nor Kenetic make any representation or warranty (expressed or implied) as to the accuracy or completeness of such information or any other information provided to the recipient by Kenetic, the Company or any of their

  • representatives. For the avoidance of doubt, by accepting this Management Presentation, each recipient, or

affiliate thereof, agrees that the Company, Kenetic and their respective affiliates, officers, directors, managers, employees, equity holders, owners, representatives or agents shall not have any liability for recipient’s use of this Management Presentation or any other written or oral communications transmitted to the recipient by or on the behalf of Kenetic or Caspian in the course of the recipient's evaluation of a Possible Transaction. This Management Presentation may include certain statements, estimates and projections prepared and provided solely by Caspian’s management with respect to the anticipated past, present and future performance of the Company. Such statements, estimates and projections reflect various assumptions by Caspian’s management concerning its past, present and future results and have been included solely for illustrative purposes. No assurance can be given that any such assumption upon which such projections, estimates, and statements are based will prove to be correct. Statements, estimates and projections as to future performance are subject to a high degree of risk and uncertainty. No representations are made or should be implied as to the accuracy of such statements, estimates or projections or with respect to any other materials herein. Actual results may vary materially and adversely from the projected results contained herein. Except to the extent expressly stated herein, any past, present, or future financial information contained herein has not been examined, reviewed, or compiled by an independent public accountant. By accepting this Management Presentation, the recipient acknowledges and agrees that all of the information contained herein is subject to any non-disclosure agreement executed by recipient and the Company. Without limiting the foregoing, the recipient agrees that it will not divulge to any person or entity or reproduce, disseminate or disclose, in whole or in part, this Management Presentation or the information contained herein other than to recipient’s officers, directors and employees and will use the information only in connection with evaluating the Company for a Possible Transaction. Neither this Management Presentation nor its delivery to the recipient shall constitute or be construed to be an offer to sell any token or any securities of the Company, nor should the recipient consider this Management Presentation to be a recommendation or advice with respect to a Possible Transaction or any other matter. Important Notes to Investors The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or with any securities authority of any state of the United States, and may not be offered

  • r sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the

Securities Act and in compliance with any applicable state securities laws. The offer and sale of any securities will be made pursuant to the exemption from registration provided by Section 4(2) of the Securities Act and Regulation D promulgated under the Securities Act. Each purchaser must be an “accredited investor” (as defined in Regulation D promulgated under the Securities Act) and will be required to represent, among other customary private placement representations, that it is acquiring its interest for its own account and for investment purposes only and not with a view to resale or distribution. The securities of the Company have not been recommended by any U.S. federal or state or non-U.S. securities commission or regulatory authority. Furthermore, the foregoing authorities have not confirmed the accuracy or determined the adequacy of this document. Any representation to the contrary is a criminal offense.

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Full l Trading ing St Stack ck

Security rity

Exper erience ce Exec ecuti ution

  • n

Algor

  • rit

ithms Si Singl gle Inter erface ace Cl Clien ent t Su Suppor

  • rt

Access ss Analyt ytic ics s and Repor portin ing

About Caspian

Caspian is a full stack crypto asset management solution. It includes a fully developed OEMS, PMS, and RMS. It provides a single interface into all major crypto exchanges, a complete suite

  • f sophisticated trading algorithms, real-time and historical P&L

and exposure tracking, and professional customer service.

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Portfolio, Order, Execution, and Risk Management System with Compliance monitoring such as counterparty risk checks and token restriction lists

Full l Trading ing Stack

14 years track record building Institutional-grade trading systems

Experie rience nce

Real-time and historical P&L and exposure tracking along with comprehensive reporting package for all stakeholders

An Analytics lytics and Reporting ing Ac Acces ess

Single front end interface to manage your entire Portfolio Management and Trading experience in a standardized uniform way across all exchanges

Single gle Interface face

Experienced team of blockchain developers ensuring robust crypto-asset security protocols

Securit ity

Proven global customer support infrastructure with dedicated market data support team

Clien ent Support

Comprehensive suite of sophisticated trading algorithms tailored for crypto assets through a Smart Order Router plus support for custom algorithms

Execu cution ion Al Algor

  • rit

ithms hms

What Caspian Delivers

Access to all major Crypto Exchanges through one robust API. Better execution through ability to amend

  • rders and send batch orders
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Joint Venture Powered by

➢ Global platform for equities and derivatives with average monthly notional equity volume over USD 100 billion ➢ 17% of Japanese institutional equity trading volume executes through the system ➢ Connectivity to 150+ exchanges with clients in North America, Asia, Europe and Australia ➢ 250 employees worldwide including 190 developers

Tora’s leading OEMS global trading platform Kenetic’s industry-leading expertise in blockchain

➢ Kenetic is a blockchain firm committed to expanding the development and adoption of blockchain platforms through investments, advisory services, community and technology ➢ Their experienced and diverse team of 40+ people have been leading voices in blockchain and traditional finance communities Projects Advised:

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Chairman

Micha hael el Lerch

CEO & Co-founder

Robert bert Dyk ykes

COO & Co-founder

Davi vid d Wills lls

CTO & Co-founder

Gerr rrit it van n Winger gerden den

CFO

Paul ul Catuna una

Chief Strategy Officer

Jehan Chu

Founder and CIO of Evolution Capital Management and founder of Tora. Prior to founding Evolution and Tora, Mike worked in a number of senior management and trading positions at bulge bracket investment backs. Mike holds a B.A. in Politics from Princeton University Has served as Tora CEO for the past 14 years. Prior to that Robert spent 11 years in the enterprise software and high-tech industry in Europe, North America, and Asia at such companies as WebPartner and Audiosoft. Robert holds a B.A. in Economics from Princeton University Has served as Kenetic COO since inception. Prior to that David spent 10 years as Managing Director and Head of Asia Trading at Och-Ziff Capital and was the former chairperson of HKeX Hedge Fund market

  • council. David holds a B.A. in Psychology and B.Comm.

in Finance & Economics from the University of Sydney Has served as Managing Director at Tora for the past 12 years. Prior to that Gerrit managed the development of high volume trading applications and analytical tools for various hedge funds and bulge bracket investment banks. Gerrit holds a B.S. in Computer Science from Stanford University Has served as Tora’s CFO for the past 10 years. Prior to that Paul held senior financial positions at WAGIC, Intertop, and Isonics. Paul spent the first 9 years of his career in public accounting, last serving as Senior Manager at Deloitte. Paul holds a B.S. in Business – Accounting from California State University, Fresno and is a certified public accountant. Co-founder and Managing Partner at Kenetic. A former front-end developer with over 10 years’ experience in web and enterprise application

  • development. Jehan founded the Ethereum HK

community (2014), and co-Founded the Bitcoin Association of Hong Kong (2014). Jehan holds a B.A. from John Hopkins University

Our Team

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Institutional Crypto Landscape

Total Cryptocurrency market cap of USD 400 billion Average daily exchange-traded Cryptocurrency volume of USD 50 billion 100+ Cryptocurrency fund launches in 2017, 300+ projected in 2018 Estimated USD 50 billion in institutional assets under management projected in 2018 The crypto derivatives market continues to develop. Trading volumes, liquidity, and sophistication of those products will increase

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Institutional Participant Challenges

Ca Casp spian ian bridg ridges es the he ga gap p for

  • r all

ll instituti nstitutiona

  • nal

l traders ders

Crypto markets trade 24x7, requiring resources & infrastructure that follow the sun Lack of standard UX across exchanges Crypto fund investors demand institutional quality systems for monitoring P&L, managing risk, and trade execution Exchange counterparty risk insufficiently managed Fragmented liquidity and high volatility across exchanges make markets difficult to trade Severe exchange performance problems during periods of high trading volume

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Our Solution

Exchange changes Casp spian ian Stak akeholders eholders

Binan ance ce GDAX Bitf tfin inex OEMS ALGOS RMS RMS PMS PMS Institutio itutional al Investo estors rs Fund Admins

Orders Executions Market Data Positions Position Rec Orders Executions Margin & Leverage Exposure & Risk Margin & Leverage Profit / Loss Cash Rec P&L Rec

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Q3 3 20 2018 18 Q4 4 20 2018 18 Q2 2 20 2018 18 Q1 1 20 2018 18 Ther ereaf eafter ter

Road Map

Beta version with 4 - 6 exchanges and 4 beta clients OEMS/PMS/RMS with connectivity to 6 - 8 exchanges Basic algo suite Excel and COM API 8 - 10 additional exchanges Integration with major crypto fund admins Algo integration with SOR REST and WEB Socket API Integration with decentralized exchanges Inbound and

  • utbound RFQ

integration Regular releases with features and exchanges proposed and voted upon by token holders

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Contact Us

San Franci cisc sco

Inquiries: info@caspian.tech

New York Jersey y UK Cluj Cluj Roma mania nia Singa gapo pore Hong Kong Toky kyo Syd ydney

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Appendix

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Caspian PMS

Positions, Portfolio Value, Profit / Loss Exposure Accounts

Fully customizable portfolio view Realtime and historical P&L Extensive P&L attribution analysis Cash management and reconciliation Realtime exposure, margin and risk monitoring

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Caspian PMS

Transaction Audit Trade Details

Complete execution history and transaction audit (subject to data retention agreements) Full trade lifecycle management, from execution to reconciliation Flexible commission engine, for any transaction costs

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Caspian OEMS

Order Input

Unified interface with trading access to all crypto asset classes across all integrated crypto exchanges Flexible and fully customizable layout Point and click order sending, amending and cancelling capabilities Watchlists with complex visual and sound alerting functions Integration with Caspian Algo Suite

Watch List Algos

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Caspian OEMS

Orders, Trades, Alerts, Compliance

Fully customizable Orders view with bucketing, sorting, filtering and

  • rder manipulation capabilities

Powerful Compliance and Alerts visualizer providing easy access to

  • rder actions and details

Smart Cell and Row markers and conditional formatting for quick visual feedback on trading trends