Klumi Ventures & CLS Global Forge Strategic Partnership to Enhance Liquidity in Digital Asset Markets

Klumi Ventures, the first Web3 Venture Capital Firm and Fund Manager in Abu Dhabi Global Markets, and CLS Global, the leading crypto trading service provider, announce a strategic partnership aimed at bolstering liquidity in digital asset markets. Recognizing the essential function of market makers, this alliance seeks to address the pressing need for liquidity in an ever-evolving and competitive environment.

Through this collaboration, Klumi Ventures will leverage CLS Global's deep expertise in market making and trading services to refine the go-to-market strategies of its advisory and portfolio companies. Known for its reliability and comprehensive experience in digital assets, CLS Global will deliver customized Market Making and consulting services specifically designed to meet the distinctive requirements of Web3 startups within Klumi Ventures' portfolio and advisory pool.

Kristiina Lumeste, Senior Executive Officer and Founder of Klumi Ventures, underscores the critical role of market makers in moderating market volatility and facilitating swift transaction execution. He emphasizes the importance of establishing transparent and ethical market-making solutions to foster market integrity and investor confidence.

“As financial landscapes evolve, the partnership between Klumi Ventures and CLS Global reaffirms the indispensability of skilled market makers in ensuring liquidity, reducing volatility, and promoting market efficiency in the digital asset space”, stated Lumeste.

This collaborative effort is poised to serve as a pivotal foundation in enhancing the growth and securing the success of Klumi Ventures’ portfolio companies in the dynamic Web3 realm, leveraging CLS Global's proven track record with the top 10 centralized exchanges and leading launchpads.

"Through our strategic partnership with Klumi Ventures, we are embarking on an exciting journey to revolutionize the startup ecosystem. This collaboration represents our shared vision to drive entrepreneurship, foster innovation, and create a thriving environment for startups to thrive. With Klumi Ventures' expertise in venture capital and our trading & market making acumen, we are confident in our ability to identify and nurture the next generation of disruptors. Together, we will make a lasting impact and shape the success stories of tomorrow" Andrey Baral", CBDO of CLS Global.

As financial landscapes evolve, the partnership between Klumi Ventures and CLS Global reaffirms the indispensability of skilled market makers in ensuring liquidity, reducing volatility, and promoting market efficiency in the digital asset space. Through ethical practices and transparent operations, they aim to create a fair and efficient trading environment that benefits all participants.

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About Klumi Ventures

Klumi Ventures is the pioneering venture capital firm based in Abu Dhabi, UAE, spearheading Web3 innovation and empowerment in the Middle East. Klumi Ventures holds the distinction of being the region's first Web3 Venture Capital Firm and Fund Manager. We provide comprehensive support to early-stage startups, offering a unique array of strategic advisory, incubation, technical support, legal and compliance expertise, and fund management services. We focus on disruptive technologies harnessing blockchain to deliver decentralized, transparent, and secure solutions, driving forward the evolution of the Web3 ecosystem.

For more details on Klumi Ventures, please visit klumiventures.com or follow on Twitter and Linkedin.

About CLS Global

CLS Global is an all-in-one consulting agency with the main service of Market Making. Presence of more than six years in the crypto market and 350+ existing clients assures vast expertise of the market. Our services are crucial in fostering project growth and market success.

For more details on CLS Global, please visit www.cls.global or follow on Twitter and Linkedin.