Skew is a platform that creates innovative financial infrastructure for digital assets. With features like market and custom data dashboards to provide an overview of the cryptocurrency marketplace, the company offers real-time statistics for those markets. The volatility skew is the implied volatility (IV) variation between options in the money, at the money, and out of the money. The volatility skew, influenced by emotion and the market's supply and demand for specific options, tells us whether fund managers prefer to write calls or puts.
Skew was founded on September 4 2018 by Emmanuel Goh and Tim Noat. The direction of outliers is revealed by Skewness. A distributed curve's tail is longer on the right side when there is a positive skew. As a result, the distribution curve's outliers are more extreme to the right and closer to the mean to the left. The platform provides leading real-time analytics for the markets for cryptocurrencies and gives participants in the market a vastly enhanced understanding of the bitcoin markets.
The platform also provides an ability to keep ahead of the competition by utilizing Skew's industry-leading data analytics platform. An experience tailored to your requirements as a trader, investor, researcher, or infrastructure supplier. In addition, offers real-time statistics aggregated across several market categories. Skew has raised $7 million in funding over 2 rounds. The latest funding was raised on April 29, 2020, from a Series A round by 6 investors including Octopus Ventures and Firstminute Capital, who are the most recent investors of the company.
On April 29, 2020, Skew raised $,5000,000 from a digital currency group and 3 other investors in a series A funding round. On April 30, 2021, Coinbase acquired Skew for an undisclosed amount.