London Football Exchange, the world’s maiden fully-integrated football club stock exchange and fan marketplace making use of blockchain technology, has said it is engaging Algoz, to offer market-making services and liquidity solutions to its LFE token, NewsLogical has learnt.
At the moment, the LFE token, which got listed on Bithumb Global Exchange a few days back, is taking a step closer to offering its token holders the opportunity to trade with steady liquidity, the project has said in a press statement forwarded to NewsLogical.
Algoz, a section of the Fingenom group of company, has decade of experience in enhancing and managing optimal trading opportunities. The firm offers exchanges, projects and even individuals with needed liquidity solutions and trading services for cryptocurrencies.
Tal Teperberg, the CEO of Algoz said, “we are excited to be partnering with the London Football Exchange on their mission to create a new home for sport fans around the world.”
The CEO thanked the London Football Exchange for selecting Algoz’ liquidity solutions.
Jim Aylward, Founder of the London Football Exchange also said, “Algoz are established in their field, their professionalism was clear from day one and they have a proven track record, working with some of the biggest names in the industry.”
The London Football Exchange (LFE) is a blockchain-based platform that comprises of the LFE Market, an all-encompassing shop for football fans that is powered by the LFE Cash token.
The ecosystem also contains the LFE Football Group, geared with the responsibility of grouping clubs under the LFE’s ownership, while also heightening the adoption of LFE Cash.
Meanwhile, the London Football Exchange is where investors can easily buy shares in their favorite global football teams and players.