If you have any vendor recommendations or feedback on the vendors below, please feel free to send it via the Comment Box.
- Tagomi
- Amber Group
- Galaxy
- Genesis Trading
- Octagon
- Cumberland
- Jump Trading
- Altonomy
- Circle
- Wyre
- Galois
- B2C2
- FBG
- XBTO
- Hilearn
- GSR
- Pulsar
- Coinflow
- Keyrock
- Prycto
- eFrontiers
- Smart Contract Japan
- Blockfills
- CMT Digital
- Hehmeyer Trading + Investments
- Tilde
- XBTO
- QCP Capital
- FalconX
Trading Firms
- CMS Holdings
- Blocktower Capital
- Blockchain Capital
- Winklevoss Capital
- KR1
- zk Capital
- Token Daily Capital
- 8 Decimal
Market Making Firms
From: https://hummingbot.io/blog/2020-02-crypto-market-marker-list/
Altonomy
According to the firm, it has direct partnerships with more than 80 token issuers, among which 40-plus are ranked top-200 by market capitalization, as well as top global and regional investment funds. Headquartered in Singapore, Altonomy closed a $7 million round funded by Polychain Capital last year.
Amber Group
Based in Asia, Amber Group focuses on electronic market making and systematic trading in digital currencies - covering spot, futures, swaps, options and other derivatives. It provides liquidity for miners and mining pools, exchanges, hedge funds and token issuers. According to the firm, it has executed over $100 billion of trades across all products and categories since inception.
Alameda Research
https://www.alameda-research.com/
Alameda Research is a quantitative cryptocurrency trading firm and liquidity provider. According to the firm, it manages over $100 million in digital assets and trades $600 million to $1.5 billion daily across thousands of products: major coins and altcoins, as well as their derivatives.
AlphaTheta
The mission of AlphaTheta is to create solutions for enhancing token marketability and building stability in the token ecosystem.
Atomic Fund
According to its website, Atomic Fund quotes both ask and bid orders in a given order book for a financial instrument to provide liquidity, increase trading volumes and reduce market volatility. Clients can populate their own charts based on the data Atomic Fund collects.
B2C2
According to the firm, B2C2 is one of the largest cryptocurrency liquidity providers. Headquartered in the UK, with offices in London, Brussels and Tokyo, the firm was founded in 2015.
Binary Financial
Founded in 2014, Binary Financial is a crypto hedge fund focusing on brokering and facilitating large block Bitcoin trades for high net worth clients and institutions, proprietary trading and electronic market making.
Citizen Hex
According to the firm, Citizen Hex is purpose-built for the Ethereum era: a corporation centred around acquiring, securing, and trading ERC-20 tokens. Citizen Hex is building market-making tools to provide token liquidity on decentralized exchanges.
Coin Flow
Coin Flow is a crypto market maker based in Hong Kong, and it provides designated market making, exchange market making, and ICO Advisory services. It currently is offering market making services for top 100 coins.
BlockVC
BlockVC is a blockchain investment firm, which also provides life-cycle solutions including incubating, asset management and market making for its portfolio companies.
Bluesky Capital
https://www.blueskycapitalmanagement.com/
Bluesky Capital is a quantitative alternative investment manager, which provides market making services to ICOs and exchanges.
Cumberland DRW
Cumberland provides liquidity support to over 40 cryptocurrencies. The company operates within a diversified principal trading firm known as DRW, which has more than 25 years of experience in markets around the world.
Efficient Frontier
According to the firm, it has12 years of algorithmic trading experience in traditional global markets, over 2 years in crypto, and $5B in annual trade.
Fractal Wealth
Fractal is a cryptocurrency trading and technology firm that provides liquidity to decentralized exchanges.
FBG Capital
FBG is a digital asset management firm in blockchain-based capital market.
Galois Capital
Based in San Francisco, Galois Capital primarily focuses on algorithmic market making and OTC trading.
Grasshopper Capital
https://www.grasshopper.capital/
Grasshopper Capital is an investment manager who works closely with founders helping them commercialise products quickly and effectively as well as opening doors for distribution.
Grapefruit Trading
Based in Chicago, Grapefruit Trading specializes in providing liquidity in cryptos. It is a subsidiary of 4170 Trading. According to the firm, its team members have been actively involved in the crypto space since 2010.
GSR
Founded in 2013, GSR is a Hong Kong-based algorithmic digital asset trading. According to its website, GSR has traded billions of dollars of digital assets utilizing its proprietary software suite, capable of satisfying all liquidity needs, from basic execution services to highly complex solutions.
Jump Trading
Jump Trading is a global, quantitative-based trading firm. Jump has more than 700 employees across offices in Chicago, New York, London, Amsterdam, Shanghai, Singapore, and Gurgaon, India.
Kairon Labs
Founded in late 2018, Kairon Labs is based in Belgium and the Netherlands and offers market making for all utility tokens using proprietary trading software.
Keyrock
Founded in Belgium in 2017, Keyrock is a cryptocurrency market maker building scalable, self-adaptive algorithmic technologies to support efficient digital asset markets.
Koinbros
Koinbros specialises in market-making services and over-the-counter trading on post-ICO utility tokens. We are a privately-owned multi-strategy trading firm. We are focused on seeking out trading and investment opportunities to grow our capital in the utility token markets. We bring together high caliber people, innovative and quantitative modeling, and cutting edge technology to seek out opportunities around cryptocurrency exchanges.
Octagon Strategy
https://trade.octfinancial.com/
According to the firm, Octagon Strategy is the largest digital asset brokerage in the Asia-Pacific region. The desk facilitates institutions and individuals for the buying and selling of major cryptocurrencies. The team envisions drawing on its deep pools of liquidity to support high volume block trades of cryptocurrencies while ensuring a competitive pricing.
Origin X Capital
Founded in 2018 in Hong Kong, Origin X Capital (OXC) is a consulting firm and an international digital asset fund.
Prycto
Prycto is a quantitative market maker based in Gibraltar, providing automatic and constant liquidity for your digital asset. According to the firm, it provides liquidity for clients at scale.
Pulsar Trading
https://www.pulsartradingcap.com/
Based in Hong Kong, Pulsar Trading Capital is a proprietary trading firm, specialized in quantitative and high frequency trading. According to the firm, it has become a leading liquidity provider in the digital asset market since 2014.
QCP Capital
QCP Capital is a digital asset trading firm based in Singapore. QCP runs an OTC trading desk and provides digital asset trading services such as treasury management and market-making operations. QCP has a strategic focus on Southeast Asia but also operates in the UK, Japan and Australia.
Snap innovations
SNAP Innovations is an Artificial Intelligence, Blockchain and Financial Trading & Technology Solutions company. According to the firm, it provides programmatic liquidity for dozens of digital assets across 30 venues and hundreds of crosses.
Trade Terminal
San Jose-based Trade Terminal is a digital asset hedge fund, using data-driven algorithmic trading with its own data and research.
Wintermute Trading
https://www.wintermute-trading.com/
Founded in July 2017 by three senior Optiver traders and developers with the mission to professionalise crypto market making, Wintermute Trading is a global algorithmic market maker in digital assets. According to its website, it is currently providing liquidity on 100+ crypto exchanges.