Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101182
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
63.73%
Bitcoin Share
crypto.news 2025-05-05 12:52:06

Tower Research Capital doubles down on crypto market making amid market recovery

Tower Research Capital doubles down on crypto market making amid market recovery

Tower Research Capital, one of three “VIP” clients named in the 2023 lawsuit against Binance by the U.S. Commodity Futures Trading Commission, is ramping up its crypto market-making efforts. Tower Research Capital, one of three “VIP” clients named in the lawsuit against Binance by the U.S. CFTC in 2023, has increased its capital allocation to its crypto trading book and upgraded its infrastructure to take on a larger role in market making on global crypto exchanges, people familiar with the matter told Bloomberg. At the heart of this renewed push is Limestone Trading, which has now become the lead vehicle for Tower’s market-making activities in the digital asset space. It also does arbitrage and spread trading across major crypto exchanges globally. You might also like: Binance.US resumes USD transactions for the first time since SEC lawsuit This development is particularly significant considering Tower’s previous scaling back of its crypto activities in response to the market turmoil that followed the collapse of FTX and Alameda Research in 2022. However, with the market stabilizing and the growing political support for cryptocurrencies, Tower is now capitalizing on the recovery. Its rival Citadel Securities is also plotting jumping back into crypto trading after Trump’s embrace of the industry. The growing institutional interest in digital assets is also evident in the mounting ETF applications, which the U.S. Securities and Exchange Commission is struggling to process, resulting in multiple delays . Despite this, the chance of approval for most of these ETFs is notably high, according to Bloomberg analysts. You might also like: Citadel eyes crypto market-making as Ken Griffin softens stance on Bitcoin

Most Read News

Moralis Money
Market Cap
24h Vol
63.73%
Bitcoin Share
688
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.