Crossover Markets Group, Inc.
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Crossover Markets Group, Inc. - overview
Established
2022
Location
Bernardsville, NJ, US
Primary Industry
Financial Services
About
Founded in 2022 by Brandon Mulvihill, Anthony Mazzarese, and Vlad Rysin, and based in New York, US, Crossover Markets Group, Inc. operates as a digital asset marketplace that offers the trade of cryptocurrencies. The company offers a digital exchange marketplace platform used for buying and selling digital assets including cryptocurrency trade execution and supports clients for direct trade without broker and custody. The company offers liquidity customization, enabling clients to create custom dark and lit liquidity pools for trading.
In addition, the firm’s technology is quote-driven matching technology connected with interaction rules and smart order routing that allows to creation central limit order book (CLOB) model that is prevalent in crypto. CROSSx, is an execution-only cryptocurrency Electronic Communication Network (ECN). The company generates revenue from charging on the trades done through its platform. The firm charge 0.
01% from the maker of trade and 0. 01% from takers of trade. In March 2026, Crossover Markets Group, Inc. raised USD 31 million in series B funding led by Tradeweb Markets LLC, with participation from Ripple Ventures, Virtu Financial, XTX Ventures, Wintermute Ventures, Illuminate Financial, and DRW Venture Capital.
The company plans to use the March 2026 funding to expand its CROSSx trading platform and work with Tradeweb to provide institutional clients with access to spot crypto liquidity through integrated order‑routing technology.
Current Investors
Two Sigma, Flow Traders, Pepperstone Group Limited
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.crossovermarkets.com/
Verticals
Blockchain, Cloud Computing, E-commerce, FinTech
Company Stage
Series B
Total Amount Raised
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