Crossover Markets Teams up with Hidden Road on CROSSx Spot Crypto Trading

​

Crossover Markets Group, Inc., a digital asset trading technology firm focused on meeting the unique liquidity requirements of institutions in the cryptocurrency markets, has entered a partnership with Hidden Road​, the global credit network for institutions providing prime brokerage, clearing and financing across traditional and digital assets.

This collaboration will enable Hidden Road clients to have streamlined access to CROSSx, Crossover's execution-only crypto electronic communication network (ECN) for the purposes of executing spot cryptocurrency transactions.

CROSSx was launched in March 2023, and Hidden Road became the first partner onboarded. Hidden Road will deliver prime brokerage services for spot cryptocurrency transactions.

"Crossover shares Hidden Road's desire to institutionalize digital asset market structure by removing conflicts of interest, helping to bring transparency and trust back into the ecosystem. Their unbundled approach to execution fits well with Hidden Road's partner- and technology-agnostic philosophy, and we are excited to add them to the credit network," said Hidden Road's Global Head of Business Development Michael Higgins.