{"id":146921,"date":"2021-12-09T23:08:15","date_gmt":"2021-12-09T23:08:15","guid":{"rendered":"https:\/\/precoinnews.com\/?p=146921"},"modified":"2021-12-09T23:08:15","modified_gmt":"2021-12-09T23:08:15","slug":"floki-inu-floki-partners-with-crypto-market-maker-with-1-4-trillion-in-cumulative-volume","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/floki-inu-floki-partners-with-crypto-market-maker-with-1-4-trillion-in-cumulative-volume\/","title":{"rendered":"Floki Inu ($FLOKI) Partners With Crypto Market Maker With $1.4 Trillion in Cumulative Volume"},"content":{"rendered":"

The team behind the meme-inspired cryptocurrency Floki Inu ($FLOKI) has entered a strategic partnership with cryptocurrency market maker Wintermute, which has a cumulative trading volume of over $1.4 trillion and is responsible for over $8 billion in daily trading volume.<\/p>\n

According to an announcement published on Twitter, Wintermute is officially partnered with over 50 of the \u201cworld\u2019s biggest exchanges and trading platforms\u201d as a major liquidity provider. These exchanges, according to Floki Inu\u2019s team, include Coinbase, Binance, Huobi, Kraken, FTX, and Bitfinex.<\/p>\n

As a result of the partnership, FLOKI is set to leverage Wintermute\u2019s \u201csuperior technology\u201d to ensure the token remains liquid on major cryptocurrency trading platforms. Wintermute is also set to help facilitate listings on other top centralized exchanges.<\/p>\n

Finally, on top of all the services being provided, Wintermute will also leverage its reputation with institutions and over-the-counter desks to \u201cmake it easy for institutional investors, OTC desks, aggregators, and qualified investors to purchase FLOKI tokens in large amounts.\u201d<\/p>\n

As CryptoGlobe reported, Floki Inu has also recently announced it\u2019s integrating with Chainlink ($LINK) and its oracle in a bid to enter the decentralized finance (DeFi) space and offer holders numerous possibilities.<\/p>\n

In a\u00a0tweetstorm, the Twitter account tied to Floki Inu first started by pointing out that smart contracts as a \u201cgreat innovation\u201d that is limited in what it can make possible because of its \u201cinability to access off-chain data.\u201d An oracle, they wrote, solves the problem by \u201cfeeding them real world data in a way they can understand.\u201d<\/p>\n

The integration, according to the Floki Inu team, could allow token holders to soon be able to stake, lend, and borrow using their tokens. The integration with Chainlink would, as such, allow FLOKI holders to use their funds as collateral on decentralized finance protocols and take out loans without losing exposure to the meme-inspired cryptocurrency.<\/p>\n

DISCLAIMER<\/strong><\/p>\n

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.<\/em><\/p>\n

IMAGE CREDIT<\/strong><\/p>\n

Featured image via\u00a0<\/em>Unsplash<\/em><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The team behind the meme-inspired cryptocurrency Floki<\/p>\n","protected":false},"author":3,"featured_media":146920,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"yoast_head":"\nFloki Inu ($FLOKI) Partners With Crypto Market Maker With $1.4 Trillion in Cumulative Volume - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/altcoins\/floki-inu-floki-partners-with-crypto-market-maker-with-1-4-trillion-in-cumulative-volume\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Floki Inu ($FLOKI) Partners With Crypto Market Maker With $1.4 Trillion in Cumulative Volume - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"The team behind the meme-inspired cryptocurrency Floki\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/altcoins\/floki-inu-floki-partners-with-crypto-market-maker-with-1-4-trillion-in-cumulative-volume\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-09T23:08:15+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/12\/Floki-Inu-FLOKI-Partners-With-Crypto-Market-Maker-With-1.4-Trillion-in-Cumulative-Volume.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/altcoins\/floki-inu-floki-partners-with-crypto-market-maker-with-1-4-trillion-in-cumulative-volume\/\",\"url\":\"https:\/\/precoinnews.com\/altcoins\/floki-inu-floki-partners-with-crypto-market-maker-with-1-4-trillion-in-cumulative-volume\/\",\"name\":\"Floki Inu ($FLOKI) Partners With Crypto Market Maker With $1.4 Trillion in Cumulative Volume - 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