Oxygen will enter its beta stage in the next two to three months, co-founder Alex Grebnev said.
The firm’s new service brings traders easier access to over 20 of the top 100 crypto exchanges.
The Series B will fund a push into Asia and the launch of a derivatives business.
Uniswap competitor SushiSwap has aggressively moved up its massive withdrawal from its rival's liquidity pools, and may go live this weekend.
Funding will go towards expanding its liquidity products across the crypto derivatives market.
Hehmeyer Trading is ditching its non-crypto businesses to focus solely on being a market maker in a space its founder, longtime trader Chris Hehmeyer, calls "liberating."
Market making may be discussed in hush tones, but according to a handful of startup founders, the service is money well spent.
Blockstack has hired GSR Markets to provide liquidity for its "stacks" token, according to an SEC filing.