Crossover Markets Gears Up for Explosive U.S. Launch

Hang onto your hats, crypto fans! Crossover Markets Group Inc., the London-based digital asset trading powerhouse founded by forex legends, is about to shake up the U.S. scene. Get ready for a wild ride!

Why now, you ask? Well, it's all thanks to skyrocketing institutional interest and a game-changing shift in the regulatory climate under President Donald Trump. The stars have aligned, and Crossover is ready to blast off!

Founded in 2022 by former Jefferies bigwigs Brandon Mulvihill and Anthony Mazzarese, along with Euronext FX's ex-CTO Vladislav Rysin, Crossover had been playing it cool, steering clear of U.S. clients. But not anymore, baby!

A Pro-Crypto United States

With Trump back in the White House and his crypto-friendly stance, Crossover sees a golden window of opportunity in the world's biggest economy. It's time to make some serious moves!

"We've been laying down the groundwork to bring U.S. players into the fold, so they can trade like never before on our platform," CEO Mulvihill declared. Buckle up, because live trading on the firm's CROSSx platform is set to go live by the end of Q2 or early Q3. It's gonna be epic!

CROSSx isn't your average platform. It's an electronic communication network, a model straight out of the FX markets, designed for anonymous, lightning-fast execution and deep liquidity. It's the ultimate playground for institutional investors who want to keep counterparty risk at bay.

But that's not all! The platform separates execution from custody and lets you customize your own liquidity pools. It's like having your own personal crypto playground!

Last year, Crossover flexed its muscles with a staggering $13.5 billion in notional trading volume. And in June 2024, they closed a whopping $12 million Series A funding round, led by the heavy hitters at Illuminate Financial and DRW Venture Capital. Mulvihill spilled the beans that trading volumes have been skyrocketing 30% to 50% quarter-over-quarter for four straight quarters. They're on fire! And with demand through the roof, a new fundraising round might just be on the horizon.

Trump's administration has promised to be the ultimate crypto cheerleader, supporting digital asset innovation, appointing regulators who get it, and pushing for legislation that'll make your head spin. It's no wonder global firms are chomping at the bit to expand in the U.S. Get ready for a crypto revolution, folks!