Crossover Markets Group, Inc., a Wilmington, Del.-based digital asset trading technology firm, raised a seed funding round.
Investors included Exness Ltd., Flow Traders, Gate.io, GMO Internet Group, Nomura’s Laser Digital, Pepperstone, Think Markets, TMGM, Two Sigma and Wintermute Ventures.
Crossover Markets is a digital asset trading technology firm focused on meeting the liquidity requirements of institutions in the spot and derivative cryptocurrency markets. CROSSx, the company’s execution-only cryptocurrencyElectronic Communication Network (ECN), is powered by the industry’s fastest and most advanced matching engine and includes order logic that enables clients to choose whom they want to trade with.
CROSSx also provides a substantial level of liquidity customization, enabling clients to create custom dark and lit liquidity pools so they can trade with whom they want based on desired trade size, spread, toxicity and skew protection. It supports anonymous, disclosed and semi-disclosed trading over one-to-one, one-to-many and many-to-many connections.
Crossover was founded by Chief Executive Officer Brandon Mulvihill, Chief Commercial Officer Anthony Mazzarese and Chief Technology Officer Vlad Rysin.
FinSMEs
23/03/2023