Crossover: Launches execution-only crypto trading venue

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Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Crossover: Launches execution-only crypto trading venue

  • Crossover, a digital asset trading technology firm focused on meeting the unique liquidity requirements of institutions
  • Announced the launch of CROSSx, its execution-only cryptocurrency Electronic Communication Network (ECN)
  • The firm’s seed investment round was funded by a consortium of leading market participants in both traditional finance
  • The investors include Exness Ltd., Flow Traders, Gate.io, GMO Internet Group, Nomura’s Laser Digital, Pepperstone
  • Brings to market one of the fastest crypto trading engines in the world, dramatically decreasing trading costs
  • Founded by industry veterans from traditional finance, bringing their experience to bear on digital assets
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