Your Execution-Only Crypto ECN for Institutions.

New York
Crossover Markets is attending TOKEN2049 in Singapore from October 7-8. Co-Founder & CCO Anthony Mazzarese, and Directors of Business Development Lik Hui Lim and Daniel Hart will be there and look forward to discussing the future of digital assets. Feel free to reach out and connect: sales@crossovermarkets.com
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Crossover Markets has expanded market access on CROSSx with the addition of six new tokens — XAUT, PAXG, HYPE, NEAR, ZEC, and EURC — now tradable against USD, USDT, and USDC. This expansion continues Crossover's build-out of institutional-grade digital asset execution on CROSSx, broadening the range of assets available to counterparties on the platform. For more information, contact: sales@crossovermarkets.com
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Crossover Markets continues our mission to collapse the cost of trading. CROSSx spreads on ETH/USD averaged $0.21 across the month of August.
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Crossover Markets is attending Korea Blockchain Week in Seoul from September 30 – October 1. Director of Business Development Lik Hui Lim will be on the ground and looks forward to connecting with institutional clients and partners. If you're attending, feel free to reach out and set up a meeting: sales@crossovermarkets.com
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We want to thank BitGo Prime for a strong partnership as we surpass $2 billion in notional volume executed on CROSSx. Through the relationship, institutional clients get execution on CROSSx with net settlement through Go Network, BitGo's proprietary settlement infrastructure — separating execution, custody, clearing, and settlement into distinct functions under a single credit relationship. Read the full announcement here: businesswire.com/news/home/2…
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Crossover Markets continues our mission to collapse the cost of trading. CROSSx spreads on XRP/USD averaged 0.6 basis points across the month of August.
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Crossover Markets is excited to announce the hiring of Brendan Pettei as VP of Communications. With a 20+ year track record in financial services, Brendan joins Crossover to lead public relations, social media, content, and event strategy. We look forward to a busy schedule of announcements regarding several strategic partners to Crossover, as well as some game-changing product updates on CROSSx. The timing is optimal as we welcome Brendan Pettei to Crossover.
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Crossover Markets continues our mission to collapse the cost of trading. CROSSx spreads on BTC/USD averaged $5.68 across the month of August.
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Crossover Markets Co-Founder and CEO Brandon Mulvihill recently spoke with Traders Magazine for a Q&A exploring why institutional crypto trading is moving beyond the exchange model, from the rise of prime brokerage to the separation of credit and execution. “At Crossover, we don't believe any institution should bind themselves to a vertically integrated model that mandates credit and execution are married together. CROSSx wins trades based solely on the merit of our pricing and execution quality, without ever holding clients captive,” Brandon told Traders Magazine. Thank you to Anna Lyudvig and Traders Magazine for the conversation. Read the full article here: tradersmagazine.com/featured…
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Crossover Markets Co-Founder & CEO Brandon Mulvihill recently returned to Options Insider's The Crypto Rundown Podcast, hosted by Mark Longo, for a wide-ranging conversation on the evolving crypto marketplace and the continued growth of the platform. Brandon discusses the growth of institutional crypto trading, why crypto faces a supply-chain problem, and how custody, credit, execution, and regulation could shape the next phase of institutional adoption. He also walks through Crossover's key milestones, including the launch of CROSSx Disclosed and the firm's $31 million Series B fundraise led by Tradeweb. Lastly, Brandon shares his perspective on two of the most prominent narratives in the market, crypto perpetuals and prediction markets. Listen to the full episode here: podcasts.apple.com/us/podcas…
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CROSSx Disclosed connects institutions to 30+ OTC liquidity providers through a single venue, enabling access to the full spectrum of coins at tight spreads and low costs. Nikita Masyukov, CEO of Alber Blanc, spoke to the launch and how Stelaxis, Alber Blanc's OTC spin-off, will provide liquidity on the platform. We are thankful for Alber Banc's partnership in building out the platform. Learn about the additional capabilities of CROSSx Disclosed: prnewswire.com/news-releases…
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Microsecond execution, price transparency, and a post-trade framework built for institutional standards: CROSSx Disclosed is designed to attract the venues where institutional market makers choose to deploy capital. Erik Lubach, Head of Business Development at Da Vinci Trading, shared why the platform stands out as institutional participants continue to adopt digital assets. Thank you to Erik and the Da Vinci team for their strong partnership in the launch. Read about CROSSx Disclosed: crossovermarkets.com/crossov…
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This week, Crossover Markets Co-Founder and CEO Brandon Mulvihill attended the Illuminate Financial LP Summit in London and participated in the "Digital Assets: Building the Institutional Stack" panel. Brandon joined Samar Sen, of Talos, Amar Kuchinad of Copper.co, and moderator Alexander Ross of Illuminate Financial for an engaging discussion on the future of digital assets. We thank Illuminate Financial for the invitation to this timely event and for their continued partnership. It was great to connect with so many industry leaders, and we look forward to continuing the conversation. See below for some highlights from the event.
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CROSSx Disclosed gives liquidity providers the transparency and technological performance to customize pricing based on counterparty profile and need. Scotte Moegling, Head of Business Development for Digital Assets at Virtu Financial, shares how the launch broadens connectivity to institutional clients globally. Thank you to Scott and the Virtu Financial team for their collaboration and support from day one. Check out the full announcement: crossovermarkets.com/crossov…
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CROSSx Disclosed empowers institutional participants with greater control, price transparency, fast execution, and efficient settlement, with core market makers like B2C2 providing deep liquidity to the ecosystem. We thank Thomas Restout, CEO, and the entire B2C2 team for their partnership in bringing this to market. Read the full announcement: crossovermarkets.com/crossov…
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CROSSx Disclosed bridges institutions to 30+ market makers with seamless post-trade connectivity to prime brokers including Ripple Prime. Institutions can net settle activity while maintaining direct relationships with their market makers, delivering operational flexibility and capital efficiency without new counterparty risk. Thank you to Michael Higgins, International CEO, and the entire Ripple Prime team for their partnership. Learn more about CROSSx Disclosed in the full press release: crossovermarkets.com/crossov…
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Crossover Markets is excited to announce the official launch of CROSSx Disclosed, an expansion of the CROSSx ECN, the industry's first execution only trading venue. Supported by a network of 30+ market makers, CROSSx Disclosed delivers low cost, low latency connectivity to relationship-based trading in spot cryptocurrency, enabling institutions to manage counterparty relationships directly while benefiting from CROSSx's execution infrastructure. Read the full announcement here: crossovermarkets.com/crossov…
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In a recent Q&A with e-Forex Magazine, Crossover Markets Co-Founder and CEO Brandon Mulvihill shared an in-depth look at CROSSx, the first execution-only trading venue purpose-built for institutional spot cryptocurrency trading. Brandon walks through how CROSSx's ultra-low latency matching engine processes up to one million orders per second with single-digit microsecond performance and explains why decoupling execution from custody and brokerage is critical for institutional participants. He also explores the key advantages of moving beyond the CLOB model that dominates crypto today, how CROSSx aligns with the separation-of-duties standards long established in FX and equities, and how its recent Series B funding round led by Tradeweb is shaping its evolution. Read the full Q&A here: e-forex.net/crossx-platform-… #InstitutionalCrypto #ECN #DigitalAssets
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We are pleased to welcome Jayesh Patel as Global Head of Markets at Crossover Markets, where he will lead liquidity analytics and drive optimization of the client experience across CROSSx. Jay brings a distinguished career across technology, sales, and liquidity management. Most recently, he served as Head of Product at Euronext FX and a member of its management board, where he spent 14 years. We’re excited to appoint Jay following a milestone year for Crossover, including our $31 million Series B fundraise led by Tradeweb, the launch of CROSSx 2.0, over 100 live participants with more than 1,440 independent CROSSx sessions deployed, an expanded suite of new order types, and a broader global trading infrastructure following the launch of Equinix NY4 – all while CROSSx executes trades in single-digit microseconds. As institutional participation in digital assets continues to scale, Jay's expertise in liquidity management and FX market structure will be instrumental in further reinforcing our position as the institution-only venue built for performance, transparency, and execution quality.
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Crossover Markets looks forward to attending CoinDesk Consensus Miami on May 5–7 at the Miami Beach Convention Center. Consensus brings together 20,000+ leaders across crypto, finance, and policy, and this year's agenda centered on institutional adoption and market structure speaks directly to what we're building with CROSSx. If you're attending and would like to connect, please reach out to our Co-Founder & CCO Anthony Mazzarese or Director of Business Development Daniel Hart, who will be representing Crossover on site. Learn more: consensus.coindesk.com/
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