Digital Asset Market Making in 2026: Navigating CeFi, DeFi, and RWA Growth

Digital asset market making in 2026 is characterized by its increasing institutionalization and multi-venue nature, spanning centralized exchanges (CEXs), decentralized spot and perpetual exchanges (DEXs), and emerging tokenized Real-World Asset (RWA) markets. Market makers are deploying sophisticated algorithmic strategies across these diverse platforms, adapting to evolving regulatory frameworks and leveraging advanced DeFi architectures to provide deep liquidity and efficient price discovery. Success hinges on a robust blend of capital strength, technological prowess for cross-chain operations, comprehensive risk management, and proactive regulatory compliance.