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.

See also: FTX to Launch ‘Scalable’ Decentralized Exchange in Weeks

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