Crossover Markets Raises 12 Million Dollars Series A Funding Round, Led by Illuminate and DRW Venture Capital

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Crossover will use proceeds to expand their role as the leading ECN for digital assets and provide

LONDON, JUNE 26, 2024 /PRNewswire/ – Cross Illuminate & DRW VC are joining a growing group of strategic

This fundraise is taking place at a time of change in the institutional market structure for “Prime brokerage models and central clearing are evolving, creating fungibility. This exposes We are proud to welcome strategic investors who share our vision to create the leading execution-only trading Illuminate brings a wealth of institutional knowledge, and DRW, as one

“Illuminate Financial is building out a portfolio since 2019 of institutional grade digital asset “Crossover is a best-in class execution capability that will serve both the

“DRW VC is a proven leader in supporting early-stage companies that are committed

Crossover has also announced the additions of two new board members. Kevin Wolf, former CEO

Mulvihill said, “Digital asset market structure is undergoing We are also witnessing the emergence of early-stage discussions about 24/7 trading across traditional asset CROSSx was designed to be one of the fastest and most efficient venues in any asset We developed the platform in order to bring 24/7 trading, size precision, and price precision to traditional When we thought about expanding our Board, we were most concerned with strengthening governance and broadening Mark and Kevin have a wealth experience in equities and fixed income, as well “We are thrilled to welcome Mark and Kevin as dynamic leaders to Crossover.”

Crossover Markets’ electronic communication network (ECN) is known for its execution only, Crossover Markets’ ultra-low latency and quote-driven match technology, combined with

Crossover Markets recently reported HTML Crossover Markets plans to continue investing in its team and its technology.


Crossover Markets

Crossover Markets, a digital asset trading and technology firm, focuses on meeting the CROSSx is the company’s cryptocurrency Electronic Communication Network Crossover’s team of experts in FX trading, prime broker technology, and artificial intelligence For more information, visit www.crossovermarkets.com.

Media ContactForefront Communications For Crossover[email]+44 (0) 73

SOURCE Crossover Markets

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