Omniex was founded in 2017 by Hu Liang, former SVP of State Street Bank and founder of its Emerging Technologies Center, and John Burnett, former managing director at State Street Bank within the Emerging Technologies Center. They were later joined by Kamal Mokeddem, former head of quantitative trading and research for Crabel Capital Management, who currently works as the company's head of technology. Mokeddem was an early investor for both bitcoin and ethereum.
Omniex was created in order to fill a need for a more extensive market infrastructure for trading cryptocurrency assets. The founders believe there is a need for a more robust market infrastructure in the cryptocurrency space, as the crypto ecosystem is currently based on a scattered collection of exchanges and OTC markets, making it highly difficult for institutional investors to enter the space.
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