Cryptocurrency Market Maker Flow Traders Launches 24/7 OTC Market, Expands into Tokenized Asset Space

BlockBeats News, March 19th, according to The Block, cryptocurrency market maker Flow Traders has expanded its round-the-clock (24/7) over-the-counter (OTC) trading platform to the tokenized asset space, supporting products including tokenized money market funds, stocks, and commodities.

The service provides "two-way liquidity" for Franklin Templeton's on-chain money market fund (BENJI) and assets such as Tether Gold (XAUT), allowing institutional counterparties to trade and hedge positions using fiat currency or stablecoins outside of traditional market trading hours.