Retail Trading Platform Tradu Taps Crossover as Primary Digital Asset Execution Partner

The forthcoming multi-asset trading platform rolled out by Stratos Group, Tradu, has selected Crossover Markets, a digital asset trading technology firm, as the primary digital asset execution partner.

Tradu crypto flow will be routed to Crossover's execution-only crypto electronic communication network (ECN), CROSSx, which will offer tailored liquidity, high-speed execution, maximum throughput and tight spreads.

CROSSx provides institutional and intermediary clients with a dynamic technology platform to execute spot cryptocurrencies, and it is "a natural fit for Tradu and its goal to bring institutional pricing to retail traders."

In August, Crossover has delivered a connectivity with Cboe Digital​, a U.S. regulated exchange and real-time clearinghouse for spot cryptocurrencies and futures, to provide a clearing solution for trades across multiple digital asset execution platforms.

"Assembling the right technology platform for our customers was a key objective and CROSSx is the only crypto execution venue today that delivers the speed and throughput required to help us bring down trading costs," said Tradu CEO Brendan Callan. "We believe that our distribution, coupled with CROSSx's technical prowess, creates one of the most compelling digital asset trading offerings on the market."

"Tradu is a bold and disruptive offering that resets the future of online trading for retail clients," commented Brandon Mulvihill, Co-Founder and CEO of Crossover. “We are honored that Tradu selected CROSSx for its position as the preeminent institutional crypto trading venue, and we look forward to bringing our value proposition to all Tradu clientele."

Late last month, Fazzaco reported that Tradu has appointed Maryke Faulkner as Chief Financial Officer.