Animoca Brands pitches in-house market making service to startups in its portfolio

Bitget App

Trade smarter

Cointime2023/10/27 14:18

By:Cointime

Hong Kong-based web3 investment firm Animoca Brands has been promoting its in-house market making service to the more than 400 projects it has backed. The service is offered through the company's Digital Asset Team, which was set up earlier this year and is made up of ten employees. The team conducts market-making to ensure there is enough buy/sell liquidity for certain tokens, similar to the function of third-party market makers, but is performed in-house for scale and efficiency. Animoca has pitched its Digital Asset Team's capabilities to portfolio companies and external companies where it sees potential alignment, but the existence of such teams within crypto outfits has previously raised concerns about potential conflicts of interest.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Explore Arctic Pablo Coin’s epic meme coin presale at $0.00034 with 2252.94% ROI, plus latest updates on Fartboy & Daddy Tate. Don’t miss this crypto trio!Arctic Pablo Coin’s Legendary Path: A Meme Coin Presale Blending Myth with MoonshotsFartboy Rallies Meme Army with Twitter Battle and Celebrity TagDaddy Tate Fires Up Chart as Burn Rate Spikes Ahead of July HalvingFinal Verdict: The Wealth Path Begins with Arctic Pablo Coin

Coinomedia•2025/06/18 06:24

Invest $30K Today, Get $705K at Listing? Arctic Pablo’s Avalon Stage Could Make You Rich While Fartboy and Daddy Tate Also Surging

SEC Delays Ruling on Franklin Templeton XRP ETF 🚨

SEC pushes decision on Franklin Templeton spot XRP ETF to July 22, opening a comment period. Major delay sparks fresh debate.What’s the Update on Franklin Templeton’s XRP ETF?Why the Delay MattersWhat Happens Next

Coinomedia•2025/06/18 06:24

SEC Delays Ruling on Franklin Templeton XRP ETF 🚨

Dogecoin Eyes $0.65 in Bullish Breakout

Dogecoin shows strong bullish signs with a potential rally toward $0.6533 and even $1.25 in sight.Price Targets: $0.6533 First, Then $1.25?What’s Fueling the Optimism?

Coinomedia•2025/06/18 06:24