XBTO, a global institutional digital asset manager, has been named a market maker for Algorand. Through this collaboration, XBTO will offer continuous buy and sell orders on both Tier-1 and Tier-2 exchanges, ensuring robust and consistent liquidity for ALGO.
“At XBTO, we partner selectively with projects we truly believe in—both in their technology and the teams driving them,” said Philippe Bekhazi, CEO of XBTO Group. “Algorand’s strong track record in enterprise adoption and its reliable technical infrastructure align perfectly with our institutional approach to digital asset markets.”
Beyond market making, XBTO will utilize Algorand’s high-speed, low-cost blockchain to enable USDC transfers between custody wallets and exchanges as part of treasury management and portfolio rebalancing.
“We’re proud to support seamless USDC transfers between custody wallets and exchanges, enhancing the interoperability of DeFi assets,” said Harpal Singh, Chief Financial Officer of the Algorand Foundation.
This partnership comes as institutional interest in digital assets continues to grow. According to a survey by EY-Parthenon and Coinbase, 83% of investors plan to increase their crypto allocations in 2025. With tokenized markets expected to exceed $600 billion by 2030, reliable liquidity and efficient stablecoin infrastructure are becoming essential for a mature digital asset ecosystem.
