On June 1, bitcoin traded at $2,429.20—up from just $536.42 a year before. Newer rival ethereum was priced at $214.84, a more-than-1,300% gain over its price of $13.96 a year previously, according to data from bitcoin news and information service CoinDesk.

But for many would-be investors, cryptocurrency can be intimidating. The purely digital currencies, which enable transactions through cryptographically secure, shared ledgers known as blockchains, are ultimately built around esoteric mathematical concepts and open source code. Heated debates among their developers about how that code should evolve are not unheard of, sometimes precipitating wild swings in the currencies’ trading prices that can make it difficult for casual investors to make sense of when to buy or sell. And users of at least two major bitcoin exchanges that trade the currency for traditional funds have been the victims of multimillion-dollar digital heists.

“A lot of people are starting to look into it, and invest in it, but it’s still very much kind of like the Wild West,” says Guy Zyskind, cofounder and CEO of Bay Area startup Enigma.

Enigma, started by a group of Massachusetts Institute of Technology (MIT) graduates, aims to help change that with a platform announced this week called Catalyst, which would enable ambitious cryptocurrency investors to effectively build their own investment funds, using algorithms of their own choosing to decide when to buy and sell the currencies. Catalyst would track their performance on a digital leaderboard, and ultimately other users of the platform would be able to invest their own money in the funds, likely paying management and performance-based fees to fund managers as with traditional investment funds.

“In the normal stock market, a lot of the trading is being done by AI today,” says Zyskind. “We’ve seen similar demand coming in the cryptocurrency space.”

The company plans to open a beta version of the platform to developers in about two months, enabling them to upload code representing their preferred trading strategies to the platform and begin developing track records of making or losing money. After perhaps six months to a year, as fund leaders’ records start to become clear, the company hopes to open the site to outside investors, letting them place investments with the funds of their choosing.