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Kaito announces the early termination of its market-making partnership with Web3Port.
According to Gate.io News bot, Kaito, a cryptocurrency market maker, disclosed details of its cooperation with Web3Port. Kaito signed a market making agreement with Web3Port on February 17, but unilaterally decided to terminate the cooperation on February 27. The reason for termination was that Kaito determined that Web3Port's actual execution direction was inconsistent with the initial agreement. It is noteworthy that this termination of cooperation occurred before Web3Port faced negative reports and investigations by the exchange in March.