Jump Crypto experts launch Douro Labs.

Kabir903

As reported, a group of experts from the cryptocurrency market maker Jump Crypto has left the company and established a new software firm dedicated to developing blockchain-based financial data feed projects.

According to a statement, former Jump employees Mike Cahill, Jayant Krishnamurthy, and Ciaran Cronin have jointly founded Douro Labs, which collaborates closely with the blockchain-based data service provider Pyth Network. A representative from Douro Labs stated that the team, consisting of 19 members, includes an additional six individuals from the Jump Crypto team who have been working for Pyth. Pyth's data contributors include companies such as Virtu and Cboe.