Excited to officially launch our first live product, @Interchange Treasury.
We built Treasury to make cash management programmable and seamless. It’s an API-first, 100% automated money market fund sweep that generates yield on the day of deposit - with same-day liquidity for withdrawals. The sweep balance is also instantly available for equity purchases.
An important milestone achieved by the @Interchange team today - we’ve executed our first live trade! We bought one share of @Coinbase ($COIN), entirely through the proprietary Interchange platform, powered by Interchange Clearing, our @FINRA, @The_DTCC and @NasdaqExchange member broker-dealer.
This might not sound like a big deal, but I assure you it is. The amount of work required to get to this point is monumental. Being able to execute a live trade is like the tip of the iceberg, with all the work required to get there below the surface.
I’m super proud of what the team has achieved and look forward to the next milestone!
I’m super excited to finally talk about what we’ve been working on! Allow me to introduce you to @interchange - the future of financial market infrastructure. Today we’re announcing we’ve raised $17m in seed funding from an amazing group of investors including MS&AD Ventures, @BoxGroup, @pnpfintech and @Liquid2V and angel investors @eglyman, @karimatiyeh, @immad, @ankurnagpal, @shamir_k to name a few, as well as regulatory membership approvals from @FINRA, DTC, NSCC (@The_DTCC) and @NasdaqExchange.
I threw together a quick post on building a React avatar component that defaults to a Gravatar, but falls back to show initials over a deterministically chosen background color: joshuaslate.com/blog/determi…#javascript
I’m excited to finally talk about my next adventure, @embedfi. We’re building a correspondent clearing & custody business from the ground up to make it easy to embed access to the US financial markets. wsj.com/articles/startup-get…
Today’s the “official” launch of Planstack. I’ve been working on it for more than a year with a friend. If you’re looking for a solution for marketing calendars, take a look 😊
I just published v6.0.0 of type-cacheable (github.com/joshuaslate/type-…). There are breaking changes (not in the code, but in parsing cached values), so please read the changelog before updating. (De)serialization is now more consistent/simplified 🎊