Place/Date: Singapore - December 3rd, 2021 at 9:21 pm UTC · 2 min read
Contact: Ergo Platform, Source: Ergo
Announced today, Ergo has partnered with Kairon Labs – an industry leader in cryptocurrency market making. With this new collaboration, Ergo begins the next phase in procuring listings on Tier 1 cryptocurrency exchanges.
Kairon Labs will actively manage the liquidity of Ergo’s token (ERG), applying custom algorithmic trading strategies to ensure that trading volume increases and becomes more sustainable.
Kairon Labs is a prominent cryptocurrency market maker incorporated in Antwerp, Belgium. The company was founded in 2018 after the retracement of the 2017 Initial Coin Offering Boom with a focus on addressing the need for market making and liquidity for crypto markets.
Kairon Labs implements customized algorithmic trading strategies for their clients while also providing support for over 100 centralized and decentralized exchanges. Kairon Labs has worked with a wide variety of blockchain projects, ranging from top 100 projects listed on Coinbase and Binance, as well as other major CEXs (centralized exchanges), to smaller projects looking to secure their first listings on DEXs (decentralized exchanges) and minor CEXs.
In addition to the firm’s proven track record in cryptocurrency market making, the leadership team (Jens Willemen and Mathias Beke) have numerous years of experience working in the venture capital industry as well as expertise in designing the infrastructure for cryptocurrency exchanges.
Ergo is the inevitable next step in the evolution of Proof of Work blockchain technology, designed for creating and implementing powerful, efficient, and highly secure financial contracts. It utilizes the best aspects of Bitcoin and Ethereum by using Bitcoin’s UTXO model while implementing the smart contract functionality of Ethereum.
Ergo’s innovation provides an enhanced crypto-economy, aimed at providing social and financial goods for those who value privacy, technical reliability, and investment opportunities. The products Ergo creates position it as a leader in addressing the issues of poverty and accessibility in regions where there is limited or no access to modern financial products and services.
The Ergo Foundation oversees the business aspects of the Ergo Platform. The Foundation consists of several board members who are tasked with ensuring that the projects built honor and uphold the initial inspirations for the creation of Ergo. They are responsible for the Ergo Treasury as well as the disbursement of funds to further develop the Ergo Ecosystem. For further information, please see the Ergo Foundation webpage.