Bit Digital is pleased to announce a strategic investment in Auros Global Limited. Auros is a crypto-native algorithmic trading and market making firm that delivers best-in-class liquidity for exchanges and token projects. This strategic investment advances Bit Digital’s goal to maximize risk-adjusted returns of its digital assets, while protecting its business against operational and treasury risks to ensure healthy and consistent cash flows. Bit Digital intends to utilize Auros’ suite of derivatives offerings to provide both hedging and yield opportunities for a portion of its digital asset holdings.
Published first on TheFly
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