Crossover Markets is proud to announce its $31 million Series B fundraise at a $200 million valuation. Led by Tradeweb with participation from DRW Venture Capital, Illuminate Financial, Ripple, Virtu Financial, Wintermute Ventures, and XTX Markets, this milestone marks the continued convergence of traditional finance and digital assets.
The investment will also bring institutional spot crypto liquidity on CROSSx to Tradeweb’s global client base, combining our execution only ECN with one of the world’s leading multi asset electronic marketplaces.
As institutions increasingly require speed, transparency, and clear separation of duties in digital markets, we’re pleased to be building the execution layer that meets those standards by bridging the best of traditional market structure with the future of digital asset trading.
Read the full announcement here:
crossovermarkets.com/crossov…