{"id":9227,"date":"2025-08-29T11:20:03","date_gmt":"2025-08-29T11:20:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/algorand-appoints-xbto-as-market-maker-to-strengthen-algo-markets\/"},"modified":"2025-08-29T11:20:10","modified_gmt":"2025-08-29T11:20:10","slug":"algorand-appoints-xbto-as-market-maker-to-strengthen-algo-markets","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/algorand-appoints-xbto-as-market-maker-to-strengthen-algo-markets\/","title":{"rendered":"Algorand appoints XBTO as market maker to strengthen ALGO markets"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Algorand has appointed XBTO as a strategic market maker, boosting liquidity for ALGO trading. <\/p>\n<div id=\"cn-block-summary-block_46178380603de2a8fafa835d298b4a59\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XBTO will provide continuous buy and sell orders on Tier-1 and Tier-2 exchanges, improving market depth and reducing volatility.<\/li>\n<li>As part of the partnership, XBTO will also leverage Algorand\u2019s high-speed, low-cost blockchain to facilitate efficient USDC transfers for treasury and rebalancing operations.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>XBTO, a global institutional digital asset manager, has been appointed as a market maker for Algorand (ALGO). Under this <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/AlgoFoundation\/status\/1960726316531245548\">partnership<\/a>, XBTO will provide continuous buy and sell orders across Tier-1 and Tier-2 exchanges to ensure deep and consistent liquidity for ALGO. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to welcome <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/xbtogroup?ref_src=twsrc%5Etfw\" target=\"_blank\">@xbtogroup<\/a> as a market maker for Algorand.<\/p>\n<p>This partnership strengthens liquidity across Tier-1 and Tier-2 exchanges while also showcasing Algorand in action.<\/p>\n<p>XBTO will use our fast, low-cost blockchain to move USDC seamlessly between custody wallets\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/11kwL5wuLY\">pic.twitter.com\/11kwL5wuLY<\/a><\/p>\n<p>\u2014 Algorand Foundation (@AlgoFoundation) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/AlgoFoundation\/status\/1960726316531245548?ref_src=twsrc%5Etfw\" target=\"_blank\">August 27, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>\u201cAt XBTO, we selectively work with only a few projects that we fundamentally believe in-both in their technology and in the teams driving them forward. Algorand\u2019s proven track record in enterprise adoption and its robust technical infrastructure align perfectly with our institutional approach to digital asset markets,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.xbto.com\/resources\/xbto-selected-as-market-maker-for-algorand-strengthening-liquidity-for-leading-layer-1-blockchain\" target=\"_blank\">said<\/a> Philippe Bekhazi, CEO of XBTO Group. <\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Algorand to serve as USDC transfer hub through XBTO<\/h2>\n<p>In addition to market making, XBTO will leverage Algorand\u2019s high-speed, low-cost blockchain to facilitate USDC transfers between custody wallets and exchanges as part of treasury and rebalancing operations. <\/p>\n<p>\u201cWe\u2019re proud to help facilitate seamless USDC transfers between custody wallets and exchanges, improving interoperability of DeFi assets,\u201d <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.xbto.com\/resources\/xbto-selected-as-market-maker-for-algorand-strengthening-liquidity-for-leading-layer-1-blockchain\" target=\"_blank\">said<\/a> Harpal Singh, Chief Financial Officer at Algorand Foundation. <\/p>\n<p>The collaboration comes amid growing institutional adoption of digital assets, with 83% of surveyed investors planning to increase their allocations in 2025, according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.ey.com\/en_us\/insights\/financial-services\/growing-enthusiasm-and-adoption-of-digital-assets\" target=\"_blank\">EY-Parthenon and Coinbase survey<\/a>. As tokenized markets are projected to surpass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bpm.com\/insights\/blockchain-and-digital-assets-outlook-2025\/\" target=\"_blank\">$600 billion by 203<\/a>0, robust liquidity provision and seamless stablecoin infrastructure are becoming increasingly critical for a mature digital asset ecosystem.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Algorand has appointed XBTO as a strategic market maker, boosting liquidity for ALGO trading. Summary XBTO will provide continuous buy and sell orders on Tier-1 and Tier-2 exchanges, improving market&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=9227"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9227\/revisions"}],"predecessor-version":[{"id":9229,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/9227\/revisions\/9229"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/9228"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=9227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=9227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=9227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}