Gate.io, the cryptocurrency buying and selling platform, has launched a $100 million business liquidity assist fund to assist revive the crypto business.
The fund is open to all market makers, high-frequency buying and selling establishments, high-quality itemizing initiatives, and different institutional shoppers or HNW people, together with however not restricted to Gate.io or different platforms from the business.
Gate has established a $100 million business liquidity assist fund for all market makers, high-frequency buying and selling establishments, high-quality itemizing initiatives, and different institutional shoppers or HNW people. https://t.co/k0fRrHcxQa
— Wu Blockchain (@WuBlockchain) December 6, 2022
Gate.io has a powerful monitor document of success, being throughout the prime 3 world spot buying and selling volumes, and boasting over 12 million customers worldwide. Having weathered a number of crypto winters, the corporate is now providing assist to assist restore confidence within the business.
The liquidity assist fund is designed to supply funding of as much as $10 million equal token funding assist for every buyer, based mostly on their particular person wants. The funds can be utilized for market making and buying and selling in Gate.io’s spot and futures markets, throughout the scope of danger management. There isn’t any deadline for the fund and the quantity will be elevated at any time, relying on market circumstances.
Gate.io welcomes all business members to hitch the liquidity assist fund and work collectively to assist the expansion of the crypto business.
