Crossover Markets was named with the intention of bringing expertise from traditional finance into cryptocurrency and, in time, to deliver crypto expertise into TradFi, such as 24/7 trading. The firm has launched CROSSx which it said is the first execution-only crypto electronic communication network (ECN) for institutional participants and raised $12m in funding in June this year.
Brandon Mulvihill, co-founder and chief executive of Crossover Markets, told Markets Media: “We were the first ECN in the crypto space.”
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