Crossover Markets Launches First-of-its-Kind Execution-Only Digital Asset Trading Venue CROSSx with Seed Round Financing from Flow Traders, Nomura's Laser Digital, Two Sigma, Wintermute Ventures, Gate and a Consortium of Retail Brokers

PRNewswire 2023-03-21

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About Crossover Markets

Founded2022

Crossover Markets is a digital asset trading technology firm focused on meeting the unique liquidity requirements of institutions in the spot and derivative cryptocurrency markets. CROSSx, the company's execution-only cryptocurrency Electronic Communication Network (ECN), aims to avoid conflicts of interest by decoupling trade execution from custody and brokerage, giving institutions the ability to freely choose their own credit counterparties. As an execution-only trading venue provider, Crossover does not hold client funds, directly handle assets, or carry counterparty risk.

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