John Peurifoy - How Crypto Trading Works Behind the Scenes

In today’s episode, Carlos sits down with John Peurifoy, co-founder and CEO of Floating Point Group. During the podcast, we discuss John's backstory and the origins of FPG; we dive into the mechanics of how crypto trading works across exchanges; we learn about FPG's product, specifically its modular trading technology and secure multiparty computation; we discuss competition in the industry; John reveals how he spends his time these days; and he provides an unexpected piece of advice to MIT students.

Floating Point Group was founded in 2018 to redefine finance by bringing the power of programmatic currency to a legacy financial system that consumes billions of hours and trillions of dollars each year. It offers investors access to proprietary smart-order-routing software to block trade directly on cryptocurrency exchanges, intelligently routing orders to minimize slippage and transaction fees. Floating Point’s latest benchmarks displayed the ability to sell $1mm worth of cryptocurrency at just 0.003% off current market value.

John will be joining us as a speaker during the MIT Fintech Conference on February 25. The MIT Fintech Conference is a student-led initiative by MIT Sloan Students. For more information visit www.mitfintech.com