JasmyLab partners with Cicada Market Making to strengthen the liquidity of $JASMY.
Overview
JasmyLab Inc. (Headquarters: Minato-ku, Tokyo; CEO: Hiroshi Harada; hereinafter “JasmyLab”) has entered into a partnership with Cicada Market Making Co., Ltd. (Headquarters: Dubai; hereinafter “Cicada”) to enhance liquidity in the cryptocurrency market through market-making (MM) services.
Partnership Details
This partnership is a strategic alliance aimed at securing the necessary growth for Jasmy Incorporated global business expansion and the development of its token ecosystem. As the market maker for $JASMY, the token of the project developed by Jasmy Incorporated, Cicada will provide liquidity to the market. Through this, the stability of $JASMY trading will be enhanced, while simultaneously creating a more attractive trading experience for market participants.
What is a Market Maker?
A market maker continuously places buy and sell orders in the market, ensuring sufficient liquidity and minimizing price fluctuations. In the cryptocurrency market, market makers play a crucial role in maintaining a stable trading environment by enhancing trading volume and order book depth, making it safer for investors and traders.
About JasmyLab Inc.
JasmyLab Inc. is a company dedicated to expanding the ecosystem of Jasmy Incorporated. It was founded by former Sony executives with the mission of “returning data sovereignty to individuals and creating a society where data can be utilized safely and securely.” JasmyLab promotes the adoption and use of $JASMY, the token fundamental to Jasmy Incorporated’s IoT platform, contributing to the development of a more sustainable and healthy data-driven economy.
About Cicada
Cicada Market Making specializes in market-making services for the cryptocurrency market, providing solutions such as liquidity enhancement, exchange listing support, tokenomics design and auditing, and marketing assistance. Leveraging high-frequency trading and AI-driven algorithmic strategies, Cicada is committed to supporting the growth of client projects from multiple perspectives.
JasmyLab Inc.
Website (Jasmy Incorporated )│ X │ Telegram │Medium │
