Velotrade, a Hong Kong-based firm founded by former institutional derivatives traders from JPMorgan and Dresdner Kleinwort, has launched its funded trading platform. The platform provides capital to traders and shares profits based on performance.
Crypto proprietary trading allows individuals to trade digital assets using capital provided by a firm, rather than their own funds. Velotrade's framework is built specifically for crypto trading and removes common restrictions like consistency rules, time limits, and news or weekend trading bans.
The platform utilizes institutional liquidity bridges and AI-driven hedging to mirror trader positions. "Our revenue model is tied to trader performance. That changes everything about how you design rules, and how you treat the people trading your capital," stated Gianluca Pizzituti, CEO and co-founder.
Velotrade offers access to prop accounts ranging from $5,000 to $200,000. The platform focuses on crypto assets with up to 6x leverage on Bitcoin and Ethereum. Payouts are available after 14 days, then weekly on request, processed in USDC or USDT. The founding team brings decades of institutional experience, with co-founder Vittorio De Angelis having traded equity derivatives at JPMorgan and Dresdner Kleinwort.