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Digital asset trading firm Crossover Markets has secured $31 million in Series B funding, led by Tradeweb
Svmuu News: Digital asset trading firm Crossover Markets announced the completion of a $31 million Series B funding round at a $200 million valuation. The round was led by Tradeweb, a cross-asset class electronic trading platform, 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 architecture of the cryptocurrency electronic communications network CROSSx, expand global operations, and deepen integration with institutional partners, while also driving the extension of Tradeweb’s electronic trading standards into the cryptocurrency space. (Tradeweb)
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