Algorand Teams Up With XBTO for Enhanced Liquidity

Algorand has forged a strategic partnership with XBTO, bolstering ALGO token liquidity and paving the way for wider market engagement. This collaboration sees XBTO appointed as Algorand’s official market maker, enabling smoother USDC transfers and facilitating efficient trading on major exchanges. 🤝 📈 The partnership is driven by Algorand co-founder Silvio Micali and XBTO CEO Philippe Bekhazi, leveraging Algorand’s established success in the blockchain space to drive institutional adoption.