Dedicated market making services for crypto markets
Kairon Labs is developing a dedicated algorithmic trading services platform. It was launched in 2018 following the ICO boom in 2017 and its retracement in 2018 where there is a large need for liquidity provisioning and market-making service in the market. The company claims that it has a long-term commitment to the crypto market and is dedicated to transparency and self-regulation which is important for any business in the industry.
According to Crunchbase, Kairon Labs is a crypto market maker and liquidity provider for utility token projects and cryptocurrency exchanges. The company is headquartered in Belgium. The core services of the company are liquidity provisioning and algorithmic trading services. At the time of writing, it is stated that more than 100 centralized and decentralized exchanges are using the services.
On its website, Kairon Labs stated that the company has done very well in the market-making business since 2017, with several achievements including but not limited to 3+ years in the business, more than 20 active clients, more than 100+ exchanges supported, and 24/7 availability. Crypto projects and exchanges can use these advantages to support their business and make sure there is no lack of liquidity which can cause serious problems such as sudden price drops, the lack of interest for the token in the market, a huge loss of capital due to bad trades execution, and so on. With the services provided by Kairon Labs, users, exchanges, and crypto projects can work together for their best interest.