(Evannovostro/Shutterstock)
Jump Trading, the publicity-shy market maker for Robinhood, Bitfinex, and BitMEX has made a significant investment into decentralized exchange (DEX) Serum.
- Serum announced Thursday it had received a significant investment from Jump Trading and inked a liquidity partnership with them.
- Per a release shared with CoinDesk, Jump Trading will provide market making and liquidity services for assets as they go live on Serum’s platform – which only launched last week.
- The value of the investment was not disclosed.
- Serum’s fouding partner Sam Bankman-Freid said the news represented a major step for the maturation of the DeFi space.
Disclosure
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
https://www.coindesk.com/jump-trading-invests-in-decentralized-exchange-serum-signs-on-as-market-maker
