Tower Research Expands Crypto Market-Making Through Limestone Trading Unit
Tower Research Capital, a dominant force in high-frequency trading, is quietly escalating its cryptocurrency operations through Limestone Trading, an internal quantitative trading group. The firm has significantly increased capital allocation to digital assets while upgrading its trading infrastructure to strengthen market-making capabilities across global crypto exchanges.
This strategic push coincides with renewed institutional interest in cryptocurrencies, fueled by improving market conditions and political tailwinds. Former President Donald Trump’s recent pro-crypto stance appears to be contributing to the sector’s momentum.
Limestone Trading’s expanded crypto activities position Tower Research to potentially dominate liquidity provision in digital asset markets. The move reflects a broader trend of traditional trading firms deepening their involvement in crypto as regulatory clarity improves and institutional adoption grows.