CrossTower

CrossTower Launches Capital Markets Desk to Bring Institutions to Its Spot Exchange

Crypto trading platform CrossTower is launching a capital markets desk for institutional clients. Leading the desk is securities industry veteran Greg Bunn, who’s being hired as CrossTower’s chief strategy officer. Previously, Bunn served as global head of counterparty strategy at foreign exchange giant Citadel, and he also worked in senior roles at Deutsche Bank for …

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B2C2 Becomes Latest Crypto Market-Maker to Stop XRP Trading: Report

Cryptocurrency market-maker B2C2 halted the trading of XRP with U.S.-based counterparties, effective this past Thursday, following the U.S. Securities and Exchange Commission’s lawsuit against Ripple Labs, according to a report in The Block. UPDATED 12/27/20 at UTC 0101: Adds that OSL and CrossTower have also suspended trading.

Crypto Trading Platform CrossTower Raises $6M in Seed Round

Crypto trading platform CrossTower announced Monday that it had raised $6 million in a seed funding round led by European tech investor Gerard Lopez. CrossTower said its platform supports highly-active order books and tight spreads for crypto-to-crypto trading. Launched last month, users can currently trade nine of the most frequently traded cryptocurrencies on the crypto …

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