CrossTower and DV Chain partner to deepen liquidity for institutional traders and exchanges
By Pavithra R
CrossTower, a digital assets capital markets firm founded by financial industry veterans on a mission to bring digital asset trading and investing to institutional and professional traders has announced a new partnership with crypto market maker DV Chain.
The partnership enables CrossTower to deliver deeper liquidity pools so that institutional traders and exchanges can easily and efficiently execute transactions, such as large block trades.
“Aligning with DV Chain, one of the most sophisticated and globally recognized crypto market makers, enables us to reach more institutions that need the deepest order books and the tightest possible spreads. They share our mission to deliver an exceptional client experience,” said CrossTower CEO and Co-Founder Kapil Rathi.
DV Chain brings various specialized services to institutional and other market participants, allowing them to efficiently trade crypto through a variety of APIs and interfaces, unlocking new opportunities and helping them thrive 365 days of the year, 24/7.
“We’re excited to be partnering with Crosstower’s seasoned team that has built one of the industry’s most high-caliber crypto trading venues. This partnership allows Crosstower and their clients to tap into our world-class liquidity to support the company’s continued institutional expansion,” said Michael Rabkin, DV Chain’s Head of Global Partnerships and Institutional Sales.
Founded in 2019, CrossTower launched its multi-asset trading platform in 2020 and, in 2021, and introduced a capital markets desk with best-in-class services and products tailored to the needs of hedge funds, family offices and other market participants. It supports trading multiple traded cryptocurrencies including Bitcoin, Ether, Litecoin, USDC, Bitcoin Cash, Stellar, Chainlink, Basic Attention Token, ZCash, 0x, MakerDAO MKR, MakerDAO DAI, Decentraland and Numeraire.
IBSi Daily News Analysis
February 23, 2024
Regulated firms battle surge in financial crime attempts, research revealsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage