Digital asset trading company Crossover Markets completes $31 million Series B funding, led by Tradeweb

Odaily Planet Daily reports that digital asset trading company Crossover Markets announced the completion of a $31 million Series B funding round at a valuation of $200 million. The cross-asset electronic trading platform Tradeweb led the investment, with participation from DRW Venture Capital, Ripple, Virtu Financial, Wintermute Ventures, XTX Markets, and Illuminate Financial. The new funds will be used to enhance the technical infrastructure of the cryptocurrency electronic communication network CROSSx, expand global operations, deepen integration with institutional partners, and promote the extension of Tradeweb’s electronic trading standards into the cryptocurrency space.

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