Markets
Top 7 Crypto Market Makers in 2024
As the crypto market continues to evolve rapidly, market makers are the oil that keeps the wheel turning. These crypto market making companies provide the financial resources that ensure crypto buyers and sellers transact seamlessly on exchanges. They operate in the background to ensure minimal market volatility while enabling a stable trading environment.
In 2024, these crypto resource providers have become very innovative and have revolutionized digital asset trading. Below is a list of the top 7 crypto market makers that will lead the way in 2024:
- CLS Global: the leading provider of cryptocurrency trading services
CLS Global Number one on this list is a leading market making company in the crypto industry. Launched in 2017, the company has grown to have 100+ exchange integrations, 500+ active clients, over 1 million attracted holders, and 3X average organic volume as reported on its official website. The company provides customized market making services such as liquidity management, price monitoring, quote support, sniper protection and cash building. By leveraging its next-generation algorithms, CLS Global creates robustly constructed liquidity connections that ensure optimal market making for established projects.
- GSR Markets: pioneering provider of crypto financial resources
GSR Market has been offering its expert services for years. During this period, the company has built lasting business relationships by providing a high level of service and business capabilities that far exceed its customers’ expectations. As an extraordinary liquidity integrator, the company has over 60 exchange integrations. They also source and provide one-time, non-linear financial resources in crypto assets for financial institutions, token creators, miners and reputable crypto trading platforms.
- Market Making Pro: B2B Market Maker Extraordinaire
Market making pro is a leading B2B financial resource provider and has been in business since 2017. The company leverages its proprietary liquidity and software to create organic trading volumes, manage market volatility, and help clients maintain a low spread for their cryptographic tokens. Since its inception, Market Making Pro has provided its services to over 570 clients, with a combined market capitalization of over $3.5 billion. The company has also executed over $100 billion in trading volume and integrated with over 60 centralized and decentralized exchanges.
- Gotbit: a liquidity provider for hedge funds
Gotbit The vision is based on the fact that market making is the solution to the Web3 founders’ main problem, which involves having enough financial resources for their team and operations after the Token Generation Event (TGE). The company is a tight-knit community of Web3 founders whose sole mission is to support each other in achieving their goals. Through its trading desk and AI-based software, Gotbit is able to generate enough financial resources for its clients to help them create the next best Web3 product. Gotbit currently manages $1.3 billion in assets and serves more than 370 institutional clients.
- DWF Labs: becoming the partner of choice for Web 3 liquidity
While DWF launched as a super-fast trading marketplace in 2018, DWF Laboratories was conceptualized and launched in 2022 as an innovative and revolutionary digital asset financial resource provider and investment company. In approximately 2 years of operation, DWF Labs has provided its services to more than 700 clients. As a financial resource provider, DWF Labs offers liquidity to over 25% of the top 100 crypto projects. The company’s reach extends across the entire crypto ecosystem.
- B2C2: more than just a market maker
As a leading provider of crypto financial resources, B2C2 offers financial resources services under market conditions for clients around the world. After its acquisition by Japanese financial giant SBI in 2020, B2C2 became one of the top market makers in the crypto industry. B2C2’s success over the years is the result of the company’s consistent, unconventional product design and next-generation technology. Very few companies are bridging the gap between TradFi and the crypto market; B2C2 tops this list.
- Kairon Labs: AI-powered market makers
This list will only be complete with Kairon Laboratories. As a market maker, they found a way to harness the power of artificial intelligence to automate liquidity provision. Since its inception in 2019, Kairon Labs has served over 400 digital asset creators and operates on over 100 exchanges worldwide. The company provides 24/7 global market coverage, ensuring full availability.
Conclusion
As the crypto as the space continues to evolve, one thing that will remain constant is the need for liquidity. This means that cryptocurrency market makers are essential to the sustainability of the sector and their role is indispensable. Industry leaders like CLS Global, Market Making Pro, Gotbit, Galaxy Global, etc. continue to innovate to ensure uninterrupted crypto transactions across the entire market.
Market making is essential to maintaining liquidity in financial markets. These financial resource providers help reduce the bid-ask spread and market volatility, ensuring that the market operates efficiently for the benefit of all.