OneChronos builds Smart Markets that apply advances in auction theory, artificial intelligence, and computer science to optimize institutional measures of trade quality through sophisticated matching technology. Its first market, OneChronos ATS, is the fastest-growing off-exchange U.S. equities trading venue and averaged more than $4.5 billion in daily trading volume for the month of November. Since launching in 2022 the platform has facilitated more than $500 billion in institutional securities transactions, and average daily trading volumes have grown to more than 550% of November 2023 levels. The company's technology runs sophisticated optimization algorithms within milliseconds to match orders in multilateral combinatorial auctions at the speed and scale required by electronic capital markets. OneChronos emphasizes seamless integration with existing market structure to drive rapid institutional adoption. The firm plans to expand its Smart Markets into other asset classes and geographies and is exploring opportunities beyond traditional capital markets where its matching technology can drive new efficiencies.

Total raised

$32M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2024