Tower Research Capital steps up cryptocurrency investments

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ODAILY
05-06
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Planet Daily News: Tower Research Capital's internal quantitative trading team, Limestone Trading, has increased its fund allocation for cryptocurrency trading accounts and upgraded its infrastructure. As institutional investors reignite their interest in digital assets following U.S. President Trump's support for the industry, Tower Research Capital is quietly increasing its bet on cryptocurrencies like Bitcoin. Previously, after experiencing turbulence in the cryptocurrency industry (including the collapse of FTX and Alameda Research in 2022, and Binance's $4.3 billion settlement with U.S. regulators), Tower Research Capital had reduced its cryptocurrency business over the past two years. (Bloomberg)

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