Crossover is pleased to share that Datos Insights analysts Adler Smith and Vinod Jain profiled our firm and the CROSSx crypto ECN in their Q3 Capital Markets Fintech Spotlight. This report marks the latest edition in an ongoing series in which Datos highlights growing providers in the institutional fintech space. Closing out their analysis of Crossover, Datos concludes:
However, the current model of crypto exchanges, where the exchanges effectively serve as client facing brokers with a captive business model, is not ideal for larger institutions. As institutional interest continues to increase, Datos Insights believes that by delivering speed, tight spreads, configurable liquidity, and transparent pricing to all venue participants, CROSSx is well-positioned to capture market share as the first execution-only crypto ECN for institutional participants.
Datos subscribers can access the full report here (non-subscribers will be able to download a summary PDF).