#25 | Nibiru Nilestream: Market Makers
· 5 min read
Welcoming cohort one of Nilestream strategic partners: liquidity providers.
Nibiru is proud to introduce the first cohort of market makers who have joined Nilestream, a liquidity initiative re-imagining how builders interact with the broader Web3 ecosystem and the envisioned path towards revolutionizing the global economy.
Market makers act as a intermediary, linking supply and demand of a token, and infuse exchanges with depth and liquidity. Their role is to facilitate the two parties of any asset transaction, fostering a healthy and dynamic marketplace.
Through strategic collaboration with Nibiru and the Nilestream initiative, these market makers are set to form an initial consortium that will enhance liquidity, market depth, and access for all ecosystem stakeholders.
Cohort 1 features Skynet Trading, Auros, Flowdesk, Amber Group, Varys Capital, and Flow Traders. We are thrilled to present and welcome our new strategic partners into the Nibiru ecosystem. Their incorporation marks a significant stride in our journey, bringing forth a diversity of talents, perspectives, and strengths that will enrich the building experience within Nibiru.
Skynet Trading
Skynet Trading is a leading designated market maker and advisory firm for the digital assets economy. The firm provides liquidity solutions and quantitative trading strategies to digital asset issuers, exchanges, and institutions across CEX and DEX platforms through their in-house built trading software. The team builds on a shared passion for crypto and experience working with many top-100 projects.
Their team of experienced traders is equipped with quantitative strategies and crypto-specific market knowledge provides valuable insight into token economics, listing strategies, liquidity management, and market conditions. They have active working relationships with some of the leading exchanges, investors, and projects in the digital assets space, including Nibiru.
Skynet Trading is an active investor in the early-stage blockchain ecosystem, working with prominent companies, exchanges, and funds. The investment focus has been on infrastructure and decentralized finance projects in the digital assets industry. Over the years Skynet Trading has invested in over 30 projects including Elrond Network, Terra Blockchain, SKALE Network, and Benqi Finance.
In joining forces with Nibiru, Skynet Trading will leverage its extensive expertise to bootstrap liquidity and amplify trading opportunities for our users. This collaboration is set to fortify the liquidity infrastructure of the Nibiru ecosystem, creating a dynamic and vibrant market.
Auros
Auros is an algorithmic trading and market making firm that delivers best-in-class liquidity for exchanges and token projects.
Combining the technological innovation that powers Auros high-frequency trading strategies with a unique partnership-based approach, Auros is redefining liquidity provision and sustainable growth in the digital assets space.
Auros is the brainchild of experienced derivatives traders and trading system designers with over two decades of expertise. The firm generates daily notional turnover in the billions of dollars. Auros' technological foundation fuses advanced pricing models with cutting-edge execution capabilities, ensuring reliable and consistent trading performance. Their distinctive, partnership-oriented strategy to provide external liquidity has quickly positioned them as the preferred market maker for many token projects and ecosystems.
In partnering with Nibiru’s Nilestream Initiative, Auros brings its decades of experience and proven approach to an ecosystem poised to propel early-stage projects to the next level and beyond.
Flowdesk
Flowdesk is the leading digital asset Market Making as a Service (MMaaS) technology provider. MMaaS is a service that lets token projects become their own market makers, allowing them to manage liquidity on the books thanks to their trading infrastructure and team of traders. Flowdesk has developed a globally supported and compliant platform that delivers regulated custody, brokerage, as well as treasury management solutions for digital asset issuers.
They work with token issuers, exchanges, and counterparties across the globe, providing industry-leading scaling, monitoring and reporting, as well as order book management on exchanges both decentralized and centralized. The company was founded in 2020 and is based in Paris with offices in Singapore and in the US. Flowdesk’s partnership with Nibiru brings its MMaaS to the Nilestream Initiative alongside a global portfolio of proven impact.
Amber Group
Amber Group is a global leader in digital assets, specializing in digital wealth management and crypto-native liquidity solutions. Amber is backed by prominent investors including Sequoia, Paradigm, Tiger Global, Dragonfly, Pantera, Fenbushi Capital, Coinbase Ventures, and Blockchain.com.
Amber Group is a one-stop crypto finance service provider that provides liquidity provision, trading and asset management services 24/7.
Currently headquartered in Singapore, Amber Group was founded in 2017 in Hong Kong by a group of finance and technology professionals from Morgan Stanley, Goldman Sachs, and Bloomberg who saw the potential of digital assets and shared the vision to harness it to transform the global financial ecosystem into one that is more progressive, inclusive, transparent and sustainable.
Amber’s core focus is providing digital asset trading, investing, infrastructure and financing services. The firm is also deeply embedded in the heart of the digital asset ecosystem, serving as liquidity providers, miners, and validators on 70+ exchanges, applications, and networks.
Amber’s involvement brings yet another layer of global liquidity provision and impact to the Nilestream initiative, along with a commitment to the promise of digital assets and the DeFi economy backed by industry titans.
Varys Capital
Varys Capital is a multi-strategy digital asset fund and market-maker. Founded in 2017 and headquartered in Bangkok, Varys has established 24/7 global coverage, with proprietary technology and seasoned investment professionals sitting across desks in New York, Dubai, and Bangkok. The team at Varys Capital boasts a rich background of experience from both TradFi and crypto-native organizations.
Varys Capital has deployed capital into high-frequency, arbitrage, and discretionary quantitative trading strategies. It also offers market-making services closely aligned with high-quality projects in the space.
Varys Capital's cutting-edge quantitative capabilities are complemented by its early-stage investment portfolio, constructed from a fundamental research-driven approach. In partnering with Nibiru, Varys brings its discerning eye to the Nilestream Initiative, aligning itself with the Initiative’s goal of incubating projects within the ecosystem that can truly revolutionize DeFi.
Flow Traders
Founded in 2004, Flow Traders is a regulated leading global trading firm, specialized in Exchange Traded Products, Flow Traders trades a broad range of asset classes, including digital assets and fixed income both on- and off-exchange. Flow Traders' digital asset proposition was developed in 2017 and since established leading positions and a broad network of premium partners. Flow Traders fosters a strong term-oriented culture and creates an environment where their team can thrive.
The firm prides itself on innovating and believes this is key in driving transparency and efficiency in global financial markets. Flow Traders supports its partners and network beyond liquidity and connects ecosystem players, fosters innovation and act as challengers within the global markets. Flow Traders' broad expertise will be a welcome addition to the Nilestream program.
About Nilestream
Nilestream is a comprehensive initiative designed to unite the flow of liquidity within the Nibiru ecosystem. In the Web3 world, the gateway to accessing liquidity is the lifeblood of any project, and is often the distinguishing factor between projects that thrive and those that languish.
Nilestream’s intention is to align the various liquidity stakeholders: market makers, liquidity providers, traders, and trading groups as members, offering and coordinating privileged access to the projects within Nibiru’s ecosystem.
Through the collective union of each member, Nilestream aims to drive its native economy onwards, broadening the number of projects exposed to a strong liquidity network and thereby increasing their prospects for success.
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