Flow Traders Brings Institutional Liquidity to Algorand Blockchain
The Algorand Foundation has announced a partnership with Flow Traders to provide institutional-grade liquidity to the Algorand blockchain. This collaboration will enable deep and reliable liquidity in ALGO, making it available to institutional counterparties through Flow Traders' global execution infrastructure.
Flow Traders brings over two decades of ETF expertise to digital assets, operating at the intersection of traditional finance and on-chain infrastructure. The company has built a reputation for providing continuous liquidity across various markets, with more than EUR 7 trillion in annual value traded.
Amar Odedra, Chief Commercial Officer at the Algorand Foundation, stated that this partnership will benefit Algorand's infrastructure by providing Flow Traders' continuous liquidity. This is especially important as the Algorand ecosystem continues to grow, with an established real-world asset (RWA) ecosystem spanning real estate, commodities, private credit, and stablecoins.
Flow Traders' Global Head of Digital Assets, Michael Lie, expressed his enthusiasm for making ALGO available to institutional counterparties through their global execution infrastructure. He noted that deep and reliable liquidity is essential for supporting institutional participation in digital asset markets.