Libertify, an AI-driven risk management platform, unveiled its latest offering in crypto wealth management: an artificial intelligence (AI) audit.
This new feature allows crypto investors to assess and manage their portfolio risks and instantly receive optimization suggestions aimed at minimizing risk without compromising performance.
LibertifyCEOSteve Rosenblumemphasized the importance of learning from past market downturns.
By auditing your portfolio with AI, we provide a unique way to scan risk exposure, and define a new, efficient equilibrium to move forward with an instant optimization proposal, he said.
The AI audit is compatible with major digital wallets, including CoinbaseGlobal Inc COIN , Binance BNB/USD , MetaMaskand Ledger, thereby encompassing more than90% of the crypto market.
Libertify's platform harnesses advanced AI, neural networksand machine learning technologies to offer crypto investors a safeguard against the notorious volatility of digital tokens, the company saidin a statement shared with Benzinga.
Also Read:As Bitcoin Bears Rampage, Solana And Other Altcoins See Inflows
The company added that historicallyrisk management solutions are offered exclusivelyto major banks and institutional investors.Libertify seeks to democratize this accessgiven the anticipated surge in retail crypto investorsprojected to grow from 200 million in 2017 to more than 1.6 billion by 2025.
Rosenblum further commented on the often speculative nature of crypto investments, noting, Crypto users buy tokens based on their beliefs and hopes, often forgetting that the crypto market is a turbo of volatility.
He believedLibertify's AI solution offers renewed hope for investors, ensuring safer investments by continuously optimizing the risk/reward ratio.
While Libertify's current focus is on the crypto market, plans are underway to extend its AI risk management tool to the traditional stock market by the third quarter of2023.
Read Next:Singapore Red Cross Accepts Crypto Donations: Is This The Future of Philanthropy?
Join Benzinga's Future of Digital Assets in New York City on Nov. 14, 2023, to stay updated on trends like AI, regulations, SEC actions and institutional adoption in the crypto space.Secure early bird discounted tickets now!