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August 15, 2019

ALGOZ TO PROVIDE MARKET MAKING & LIQUIDITY SOLUTIONS TO OMISEGO’S TOKEN

OmiseGO, a company with a mission to enable people to securely offer and access financial services, as well as exchange and spend digital assets through the OmiseGO Network, has chosen Algoz Ltd., a Fingenom Group Company, to provide liquidity solutions to its digital currency. OmiseGO’s OMG token, currently ranked 39 on CoinMarketCap is traded across several trading venues. Algoz will provide market making and hedging services on OMG providing the token with continuous liquidity.

Tal Teperberg, Co-Founder of Algoz, comments:

“Algoz is proud to partner with OmiseGO and join its network, dedicated to fostering a future-ready infrastructure intended to accommodate digital currency payments. We see it as a benchmark for Algoz to provide our innovative liquidity solutions to projects like OmiseGo, who’s vision for blockchain technology and digital assets aligns with ours.”

Algoz’s market making and liquidity services will serve the OMG token by tightening trading spreads, adding depth to its order books, and protecting the OMG token from market manipulation, thus creating a welcoming trading environment for OMG holders and further strengthen its position in the market.

About Algoz: Algoz, being a part of the Fingenom Group, is specializing in the development of trading algorithms and the deployment of such algorithms in cryptocurrency markets. Since 2016 Algoz has been providing various financial solutions such as market making, brokerage and OTC to numerous, including some of the top funded, crypto projects and leading exchanges. With more than 60 employees, of strong background in computer science, mathematics, physics and engineering, the Fingenom Group works at the intersection of finance, crypto and technology. Find out more: www.Algoz.io

About OmiseGO: OmiseGO believes that having access to financial services can create economic opportunities and improve lives. OmiseGO was established with a mission to enable people to securely offer and access financial services, as well as exchange and spend digital assets anytime, anywhere. The permissionless OmiseGO Network, enables instant, peer-to-peer transactions in real-time, facilitating financial services across geographies, asset classes and applications. The OmiseGO eWallet Suite allows users to build and integrate a front-end interface for different types of digital transactions. Our team of experts offer tailored and technical consulting services to provide future-ready solutions for an increasingly digitalized economy. Founded in 2017, OmiseGO is headquartered in Bangkok and is a subsidiary of Omise Holdings Pte., Ltd. Learn more about OmiseGO at https://omisego.co.