The institutional trading platform Crossover Markets received funding from Tradeweb after closing a $31 million Series B round, valuing the company at $200 million. The investment was led by Tradeweb and accompanied by Ripple and Wintermute, with the goal of integrating its global network of institutional clients into the spot cryptocurrency market through the CROSSx electronic communication network.
This move underscores the resurgence of venture capital in the sector, where trading infrastructure attracted a large portion of the $20 billion invested during 2025. The deal injects capital while also establishing a technical alliance that provides traditional investors with access to efficient digital liquidity, having already processed more than $50 billion in notional volume since its launch.
Moving forward, the funds will be used for the global expansion of CROSSx and to strengthen its operational capacity to support more market participants. Investors should monitor the consolidation of these institutional execution networks and how the entry of platforms like Tradeweb drives the maturity and stability of settlement and payment systems in today’s financial ecosystem.
Source:https://goo.su/vJz2Ew
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