Dustin Lamblin: Striking the right balance between internal capabilities and leveraging trustworthy external partners is crucial
Dustin will be set to speak at Quant Strats at 11.40 am PRESENTATION: Unlocking the Power of Bitcoin On-Chain Data with Interpretable Machine Learning for Quant Trading. The panel discussion will take place on the 24th of October at The Park Plaza Victoria, London. You can find out more information about it by downloading our agenda!
1. What do you consider your biggest professional achievement to date?
I'm deeply involved in the development of a novel product at Glassnode, specifically designed for our institutional partners. This initiative aims to forge stronger ties with our clients and enhance their decision-making process. By harnessing transparent Machine Learning techniques, we transform raw on-chain data into actionable insights. I'm looking forward to unveiling our research on this at Quant Strat on October 24th.
2. What has been your /your firm’s top 3 priorities for the coming year?
We want Glassnode to become the leading crypto data intelligence partner for institutions in investment, risk management, and research. Instead of just offering raw on-chain metrics, we aim to take a more holistic approach by furnishing actionable insights, ensuring our clients receive comprehensive support in their decision-making journey. While Glassnode is already celebrated as the leading authority on Bitcoin's on-chain data, we are intensifying our efforts to solidify our reputation within the Decentralized Finance (DeFi) domain. We are pioneering new products in the DeFi space, leveraging exclusive data sources on liquidations and pool activities that our competitors haven't tapped into. This innovation positions us to set new benchmarks for transformative quant strategies within the DeFi sector.
3. What is your advice to funds hoping to get new systematic strategies into production quickly and more often?
For funds aiming to rapidly launch systematic strategies, my foremost advice is to prioritize a robust infrastructure and collaborate with reliable data providers. The foundation of any successful strategy lies in the integrity of the data fed into the models. While building in-house capabilities can seem enticing for better control, it's crucial to weigh the costs and resources against the core objective. Especially for leaner teams, the risk is deviating from primary research tasks and alpha generation. Thus, striking the right balance between internal capabilities and leveraging trustworthy external partners is crucial.
4. To what extent do you see the use of blockchain/crypto integrating into capital markets? As crypto is becoming more mainstream, how have hedge funds responded and what could be the potential impact on capital markets?
We see more and more demand from Institutional and retail clients on how to use On-Chain Data for trading. On-Chain Data provides a granular view of every transaction on the blockchain. This vast database doesn't just represent numbers, but a wealth of patterns, trends, and insights waiting to be unlocked. It's a veritable goldmine for quants. This rich data source offers traders insights into market participants' behaviour offering predictive value. Hedge funds are not only investing in cryptocurrencies but are also leveraging on-chain analytics to inform their trading strategies. The potential ramifications are huge, as these data-driven strategies could lead to more informed decision-making, thus influencing market dynamics and price movements. Overall it will lead to an increase in crypto adoption from the Institutional space, making crypto a legit asset class.
Don't miss Dustin's panel at Quant Strats!
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