Market Makers

Market Makers

Markets

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.

Denis Dariotis, founder and CEO of GoQuant

Finance

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.

US dollars loan ( Frederick Warren/Unsplash/Modified by CoinDesk)

Finance

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.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

Finance

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.

(Unsplash)

Finance

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.

(Paul Brennan/Pixabay)

Markets

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.”

A pair of hands resting on a keyboard with an iPad showing graphs and price quotes. (Kanchanara/Unsplash)

Finance

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.

BlockFills' institutional-grade CD20 options are live. (AG-Pics/Pixabay)

Finance

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.

BlockFills' institutional-grade CD20 options are live. (AG-Pics/Pixabay)

Finance

Crypto Market Maker Wintermute Eyes U.S. Expansion: Bloomberg

The expansion is driven by optimism about potential regulatory changes under the Trump administration.

Wintermute CEO Evgeny Gaevoy (Danny Nelson/CoinDesk)

Finance

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.

head and shoulders shot of Flowdesk CEO Guilhem Chaumont