Crossover Markets, a superfast execution-only trading platform for cryptocurrencies, has raised a $12 million Series A led by Illuminate Financial and DRW Venture Capital.
Crypto trading is evolving such that it can cater to both those players who want the simplicity of a vertically integrated model, as well as those institutions further up the ladder who want to choose their custodian, or expect a choice of venues and counterparties that they’re allowed to trade with.
This article originally appeared on CoinDesk – click here for more.
