ChainCatcher message, focusing on connecting traditional assets and digital assets, the Swedish investment company Hilbert Group (HILB) has acquired the high-frequency trading platform Enigma Nordic for $32 million.
This acquisition will help Hilbert provide systematic cryptocurrency products to institutional investors and plans to integrate Enigma's platform into its hedge fund products. The announcement stated that Enigma's proprietary platform employs data-driven market-neutral strategies, fully leveraging real-time price inefficiencies in the global digital asset market. The company's quantitative strategies have generated outstanding risk-adjusted returns, with a Sharpe ratio exceeding 3—this performance metric is extremely rare in globally scalable market-neutral digital asset strategies. By 2025, Enigma's trading volume has surpassed 50 billion Swedish Krona (approximately $5.4 billion).