ChainCatcher news, according to CoinDesk, digital asset trading company Crossover Markets has completed a $12 million Series A funding round, led by Illuminate Financial and DRW Venture Capital, with participation from Flow Traders, Laser Digital, Two Sigma, Wintermute, and others.Crossover Markets established a partnership with major broker Hidden Road last month. According to the company's CEO Brandon Mulvihill, it is one of the few ultra-low latency electronic communication networks (ECN) in the cryptocurrency space.

ChainCatcher news, according to financefeeds, cryptocurrency custody and trading company Bakkt will launch a crypto-exclusive electronic communication network (ECN) powered by Crossover Markets, designed to meet institutional needs.It is reported that BakktX will be supported by Crossover's high-performance technology, providing institutional and professional traders with matching latencies of less than 10 microseconds, customizable liquidity flows, and trading costs significantly lower than those of existing cryptocurrency brokers and trading platforms.

ChainCatcher news, according to Crowdfund Insider, digital asset technology company Crossover Markets and digital asset trading agency technology provider Talos announced that Crossover's CROSSx cryptocurrency exchange has integrated with the Talos trading platform, joining Talos's existing network of vendors.It is claimed that CROSSx is the first ECN (Electronic Communication Network) integrated with Talos.Through this integration, Talos users will "be able to access CROSSx's customized liquidity, high-speed trade execution, and tight bid-ask spreads. CROSSx aims not only to reduce trading costs but also to minimize market impact in the process, which is a key metric offered to clients in Talos's post-trade analytics suite."

ChainCatcher news, institutional digital asset company Crossover Markets Group announced a partnership with Cboe Digital, the digital division of the Chicago Board Options Exchange, to provide clearing solutions for spot and futures trading across multiple digital asset execution platforms.It is reported that Crossover's flagship product is CROSSx, an electronic communication network aimed at institutional clients. CROSSx will be used in conjunction with Cboe Clear Digital, the clearing division of Cboe Digital Exchange.

ChainCatcher news, digital asset trading technology company Crossover Markets has partnered with credit network Hidden Road, allowing Hidden Road's clients to access Crossover's unique execution communication network (ECN) CROSSx for executing cryptocurrency spot trades. (Source link)

ChainCatcher news, digital asset trading company Crossover Markets has completed a $6.35 million seed round financing. Investors include Two Sigma, Flow Traders, Laser Digital, and Wintermute Ventures.Previous report, digital asset trading technology company Crossover Markets Group has completed its seed round financing and is launching a new cryptocurrency trading venue CrossX to meet the liquidity needs of institutions participating in the crypto market. (The Block)

ChainCatcher news, digital asset trading technology company Crossover Markets Group has completed a seed round of financing, with participation from Exness Ltd., Flow Traders, Gate.io, GMO Internet Group, Nomura's Laser Digital, Pepperstone, Think Markets, TMGM, Two Sigma, and Wintermute Ventures.In addition, Crossover Markets Group announced the launch of CROSSx, an execution-only electronic communication network (ECN) for cryptocurrencies. (Source link)