Market Makers

Market makers are fleeing public blockchains to protect their secret trading playbooks
Crypto trading is almost entirely public. One startup thinks it has borrowed an idea from Wall Street that could change that.

Crypto investment firm Keyrock valued at $1.1 billion in Series C led by SC Ventures
The Brussels-based digital asset firm said the new capital will bolster its balance sheet and support expansion and acquisitions.

GSR Expands Institutional Platform to Raise Transparency, Control in Crypto Trading
GSR upgraded GSR One, unifying market making, over-the-counter trading and treasury services as demand for institutional-grade crypto infrastructure increases.

Crypto Market Maker B2C2 Said to Be Raising up to $200M: Source
The transaction will allow majority holder SBI to reduce its stake in the crypto trading firm, the source said.

Portofino Technology's General Counsel and Compliance Head Is Latest Senior Exec to Exit
Celyn Armstrong had worked for the crypto trading firm for over three years, and was based in London.

Binance Offboards Market Maker That It Said Made $38M Profit on MOVE Listing
The entity was offboarded on March 18, and Movement Labs and Movement Foundation teams were informed of the “irregularities with their market maker.”

Crypto Market Maker Keyrock Launches U.S. Entity as Regulatory Climate Set to Improve
The opening of the New York office is part of the company's global expansion.

Crypto Market Maker Portofino Technologies Has Big Plans For 2025
The cryptocurrency trading firm is considering opening new offices in both New York and Singapore.

Crypto Market Maker Wintermute Eyes U.S. Expansion: Bloomberg
The expansion is driven by optimism about potential regulatory changes under the Trump administration.

Market Maker Flowdesk Doubled Down on the U.S. as Things Looked Bleak. Now That Bet Is Paying Off
Flowdesk's CEO made a contrarian bet on the U.S. while the SEC was waging war on crypto. Fast forward a year, and the country has bitcoin ETFs, ether ETFs are imminent and pro-crypto legislation is before the Senate.

