Crossover Markets Secures $31 Million Series B Funding

Crossover Markets has secured $31 million in a Series B funding round. The investment values the company at $200 million. The round was led by Tradeweb Markets. Several financial and crypto investors joined the raise.

Participants include DRW Venture Capital, Ripple, Virtu Financial, Wintermute Ventures, XTX Markets and Illuminate Financial. Their involvement highlights rising institutional interest in digital asset trading infrastructure. Traditional financial firms now play a growing role in shaping crypto market structure.

Crossover Markets builds trading technology for institutional crypto markets. The company focuses on liquidity and execution tools for spot and derivatives…