Tower Research's Limestone Trading increases crypto bets as institutional interest returns

Tower Research Capital’s internal trading unit, Limestone Trading, has increased its capital allocation to cryptocurrency, positioning itself as a leader in market making on global crypto exchanges, according to Bloomberg. The firm has bolstered its infrastructure and expanded its team to more than 50 members across major cities. This shift follows a resurgence of institutional interest in digital assets, spurred by renewed regulatory optimism and U.S. President Donald Trump's support for the sector. Competitors like Citadel Securities are also ramping up their crypto efforts, betting on a sustained recovery, Bloomberg added.