Crypto.com Launches Internal Market-Making Team
Update: 2025-12-23
Description
Crypto.com Unveils Internal Market-Making Team for Prediction Markets: Enhancing Liquidity and FairnessCrypto.com is establishing an internal market-making team for its prediction markets, aiming to boost liquidity and adhere to federal regulations. The exchange, which is venturing into betting on real-world events like sports, has posted a job for a quant trader to manage contracts tied to game results. Crypto.com emphasizes transparency with the U.S. Commodity Futures Trading Commission, ensuring fairness by treating internal and external market makers equally. The companys business model remains straightforward, charging fees for digital asset access and maintaining neutrality without relying on proprietary trading for revenue. This move aligns with industry peers like Kalshi and Polymarket, who are also focusing on liquidity and regulatory compliance in the growing prediction markets sector.
DNN | The Daily News Now!
The world’s first global local news network.
Every city. Every story. AI powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
