One of the most secretive trading firms on Wall Street has been trading bitcoin

Jane Street has jumped on the cryptocurrency bandwagon.

The secretive trading firm, which traded $5 trillion across different products in 2017, is known for its heavy focus on technology and weight in stock trading. Now, it joins a slew of other traders in the crypto market.

“Jane Street trades over 56,000 products globally across a wide variety of asset classes, including bitcoin,” the company confirmed in a statement.

Jane Street has over 600 employees and facilitates $13 billion in equity trading volumes a day, according to its website.

Founded in 2000, it only entered the crypto market in the last year, people familiar with the situation told Business Insider. It follows the lead of DRW, which entered the market via its crypto trading arm Cumberland in 2014.

Other high-frequency traders and market makers to dive into the space include DV Trading, Hehmeyer Trading, Virtu Financial, and Jump Trading.

These companies, which make more money trading in volatile markets, have been attracted to the spine-tingling price moves in crypto markets, a space where 20% dips are par for the course…

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