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Techub News, according to Bloomberg, cryptocurrency execution trading platform Crossover Markets has completed a $31 million Series B funding round, led by Tradeweb Markets, with participation from institutions including DRW Venture Capital, Ripple, Virtu Financial, Wintermute Ventures, XTX Markets, and Illuminate Financial. The company plans to use the funds to further optimize its foreign exchange-style market structure and enhance institutional-grade crypto trading execution efficiency and liquidity. Previously, Crossover Markets completed a $12 million funding round in June 2024, led by Illuminate Financial and DRW Venture Capital.
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