Former Nexo Trading Head Launches Crypto Market Making Firm Infima Capital

IconCryptoNewsTerminal Staff30 Aug, 2024

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Former Nexo Trading Head Launches Crypto Market Making Firm Infima Capital

Nexo's former trading head, Tom Sneller, has launched a new crypto market making firm called Infima Capital. The firm has already secured $5 million in seed funding and has a staff of over 40 people. Infima Capital will provide liquidity and price discovery for cryptocurrencies on major exchanges. The firm's team has extensive experience in the crypto market and is well-positioned to succeed in this competitive space. The launch of Infima Capital is a sign of the growing maturity of the crypto market. Market makers play an essential role in providing liquidity and ensuring that markets function smoothly. Infima Capital is well-positioned to become a major player in this space and contribute to the growth of the crypto market.