Jump Trading and Jane Street, which are among the world’s largest trading firms, have been suspended due to increased regulatory controls in the USA. cryptocurrency As Bitcoinsistemi.com, we have reported that they are considering reducing their risks in the market.
With these institutions wanting to move away from the crypto money field, the large amount of altcoins they have started to be wondered. Allegedly, these institutions may want to reduce their crypto assets as they move away from the crypto space.
Jump and Jane Street Have Large Amounts of Altcoins
According to the wallet and portfolio information provided by the sources, Jump Trading has predominantly Ethereum (ETH) ($3 billion), shiba inu ($250 million), Polygon (MATIC) ($70 million), USD Coin (USDC) ($53 million) and bitcoin (36 million dollars), Lido Finance (LDO) (4 million dollars), Avalanche (AVAX) ($3.4 million), PENDLE, LINA, POP exists.
Jane Street is predominantly Ethereum (ETH) ($97 million), USD Coin (USDC) (80 million dollars), USDT (52 million dollars), Chainlink (LINK) ($2 million).
According to sources familiar with the matter, both firms have been trading crypto since 2017, but have recently faced difficulties complying with US regulators’ requests for greater transparency and oversight.
Jump Trading and Jane Street are known for their expertise in algorithmic and high-frequency trading strategies across a variety of asset classes, including stocks, bonds, options, ETFs, commodities and cryptocurrencies.
*Not investment advice.
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