When Mitch Holt started his career in the oil and gas industry, he had "well-versed in project management, risk assessment, and leadership" as well as "an entrepreneurial spirit, adaptability, and ability to take calculated risks," according to his website.
Today, the 42-year-old from Alberta, Canada, is the founder of AI-driven trading platform INSC, which he says is "the first AI-based platform for the unregulated world of foreign exchange and for major financial institutions to bridge the gap between the unregulated world of foreign exchange and the regulated world of financial trading."
Holt started his career in the oil and gas industry by working in the pipeline construction and supervision field.
But after a "significant turning point" when he started trading cryptocurrency and foreign exchange, "his deep understanding of these markets led him to believe that AI-driven trading algorithms could be adaptable to these markets," according to INSC's website.
Holt says he sought out talented developers and teams that specialized in AI trading to create an algorithm that could perform in any market condition.
With an exceptional team on board, Holt began the development of a trading algorithm capable of performing in any market condition.
Now, INSC has more than 100 employees and more than $100 million in assets under management
A customized collection of grant news from foundations and the federal government from around the Web.
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.