market maker

market maker

Videos

What happens to crypto if market makers disappear?

Leaders from market makers took the stage at Consensus Hong Kong to dismantle the "evil" market maker narrative that dominates social media. In this candid panel, Auros Chief Commercial Officer, Jason Atkins, GSR’s Managing Director and Head of APAC and EMEA Sales, Chuan Jin, and Selini’s CEO and Founder, Jordi Alexander, explain why market makers are the primary defense against catastrophic volatility rather than the cause of it.

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Markets

Movement Labs and Mantra Scandal Are Shaking up Crypto Market-Making

Forced liquidations, hidden contracts, and backchannel deals are prompting a rethink in how liquidity is structured — and who gets trusted.

A man reading something shocking in the newspaper. (CoinDesk Archives)

Finance

Crypto Market Maker Portofino Technologies CFO Mark Blackborough Left the Business

The Swiss company's former CFO was based in London, and joined the crypto trading firm last September.

(Shutterstock)

Markets

Movement's MOVE Token Soars 25% as Strategic Reserve Is Unveiled After Malicious Market Maker Activity

The market is reacting positively to Movement's pledge to do a $38 million token buyback to create a Movement Strategic Reserve.

Movement Labs co-founders Cooper Scanlon and Rushi Manche (Movement Labs)

Finance

Citadel Plans Crypto Market-Making Business: Bloomberg

The company had previously been wary, but the friendlier U.S. regulatory outlook has that stance.

FastNews (CoinDesk)

Policy

It Takes a Fake Token to Catch a Volume Faker

Last week, the DOJ unveiled an indictment against Gotbit, which CoinDesk profiled in 2019.

NexFundAI's site, before it was taken down (FBI)

Policy

SEC Sues Crypto Market Maker Cumberland DRW

The regulator alleged the company "bought and sold" crypto assets that were sold as securities, but did not register as a securities dealer.

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Markets

SocGen to Introduce EURCV Stablecoin, Picks Flowdesk as Market Maker

The stablecoin, EUR CoinVertible, isn't the first based on the euro, but it does have the backing of Societe Generale, a major European financial institution.

EU considers digital euro (Immo Wegmann/Unsplash)

Finance

Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg

The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.

(Mark Van Scyoc/Shutterstock)

Finance

Crypto Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means

DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding.

Andrei Grachev of DWF Labs (LinkedIn, modified by CoinDesk)