y0news
← Feed
←Back to feed
⛓️ Crypto🟒 Bullish

Crossover Markets raises $31 million in Tradeweb-led Series B with participation from Ripple

The Block|Brian Danga|
Crossover Markets raises $31 million in Tradeweb-led Series B with participation from Ripple
Image via The Block
πŸ€–AI Summary

Crossover Markets raised $31 million in a Series B funding round led by Tradeweb, with participation from Ripple, valuing the institutional crypto trading firm at $200 million. This significant funding round highlights continued investor interest in institutional cryptocurrency trading infrastructure.

Key Takeaways
  • β†’Crossover Markets secured $31 million in Series B funding led by Tradeweb with Ripple participation.
  • β†’The funding round values the institutional crypto trading firm at $200 million.
  • β†’The investment demonstrates continued institutional interest in crypto trading infrastructure.
  • β†’Tradeweb's leadership in the round signals traditional financial markets players' commitment to crypto.
  • β†’Ripple's participation suggests strategic alignment with institutional crypto trading solutions.
Mentioned Tokens
$XRP$1.44β–²+3.6%
Let AI manage these β†’
Non-custodial Β· Your keys, always
Act on this with AI
This article mentions $XRP.
Let your AI agent check your portfolio, get quotes, and propose trades β€” you review and approve from your device.
Connect Wallet to AI β†’How it works
Related Articles