TechFlow news: Web3 investment firm Animoca Brands plans to offer its in-house market-making services to startups within its extensive portfolio, aiming to provide market liquidity for these projects.
Animoca Brands competes with professional market makers but emphasizes that its team does not engage in proprietary trading. The company's internal digital assets team also assists with tasks such as balance sheet management and node setup.
This move is part of Animoca Brands' response to losses suffered during last year's bear market, which impacted its token holdings. Although in-house market-making services are controversial in the crypto industry, Animoca Brands stresses that it adheres to industry standards and policies.
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