AlgoZ partners with OmiseGo, provide liquidity services for its token


  • AlgoZ has also provided services for Cardano Foundation and Electronium.
  • OmiseGo token holds a market cap of over $168 million.

AlgoZ recently announced its collaboration with the crypto company OmiseGo on Tuesday. The joint venture will provide market-making and liquidity services for the trading of OMG token. Tal Teperberg, the co-founder of AlgoZ, also shared his views about the partnership. He said: 

“Algoz is proud to partner with OmiseGO and join its network, dedicated to fostering a future-ready infrastructure intended to accommodate digital currency payments. We see it as a benchmark for Algoz to provide our innovative liquidity solutions to projects like OmiseGo, who’s vision for blockchain technology and digital assets aligns with ours.”

Fingenom was established in 2011 as an infrastructure provider for trading algorithms in the capital market. After the crypto market flourished, Fingenom gave a shot towards the digital asset industry in 2016 by setting up AlgoZ. It was aimed at providing various financial solutions like market making, brokerage, and over-the-counter (OTC) services. Currently, it is one of the biggest names in the crypto industry known for providing liquidity to digital asset companies. AlgoZ has also partnered with Cardano Foundation and Electronium for providing liquidity and trading solutions for their respective tokens. 

Headquartered in Bangkok, OmiseGo is a blockchain that works on the more-scalable Plasma architecture. The company’s goal is to provide secure financial services via its permissionless OmiseGo Network, which allows instant, peer-to-peer transactions in real-time. The company also offers an eWallet which enables its users to build and integrate a front-end interface for various types of digital transactions.
 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Top 3 Price Prediction Bitcoin, Ether, Ripple: Crypto starship starts the engines, pointing beyond limits

Yesterday, Ether made a strong impact and shot its dominance level up 10%, easily surpassing the SMA200 and registering one of the most significant upward movements in one day since records began.

More Bitcoin News

Ripple's Price Analysis: XRP/USD struggles to settle above $0.2000 amid improved market sentiments

XRP/USD is changing hands marginally above $0.2000 with over 10% of gains since this time on Monday. The third-largest digital asset with the current market value of $9 billion 

More Ripple News

Ethereum Price Analysis: ETH/USD skyrockets above $170.00, next target $200.00

ETH/USD jumped above $176.00 during early Asian hours as the bullish momentum increased after the coin broke above the psychological $150.00.

More Ethereum News

EOS Price Analysis: EOS/USD bulls aim to take the price above $2.80

EOS/USD had a hugely Monday as the price jumped from $2.35 to $2.76. The price has increased a little more to $2.794 in the early hours of Tuesday. The bulls also managed to break past ...

More EOS News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: BTC breaks its ties with stocks, strives to return its safe-haven status

Most part of the week Bitcoin has been on the recovery path. Slowly but surely the coin left $6,500 behind and even tested waters above $7,000.

Read the weekly forecast

BTC

ETH

XRP