Jump Trading, the publicity-shy market maker for Robinhood, Bitfinex and BitMEX has made a significant investment into decentralized exchange (DEX) Serum.
- Serum announced Thursday it had received a significant investment from Jump Trading and inked a liquidity partnership with the firm.
- Per a release shared with CoinDesk, Jump Trading will provide market making and liquidity services for assets as they go live on Serum's platform, which only launched last week.
- The value of the investment was not disclosed.
- Serum's founding partner Sam Bankman-Fried said the news represented a major step for the maturation of the DeFi space.