Crossover Markets Expands into the U.S. to Cater to Growing Institutional Demand

Crossover Markets Expands to the U.S.

In a significant move to meet the growing demands of institutional investors, Crossover Markets announced the expansion of its operations into the United States. This strategic initiative allows U.S.-based institutions to trade select spot cryptocurrencies through its advanced Electronic Communication Network (ECN), known as CROSSx, located in NY4. As there is an increasing interest and regulatory clarity around digital assets in the U.S., Crossover is well-positioned to serve as a bridge between traditional finance and the burgeoning digital asset ecosystem.

The firm, which focuses on technology solutions for digital asset trading, has seen robust demand from various sectors including hedge funds, asset managers, and market makers. By the end of the third quarter of 2025, Crossover anticipates full operational capabilities, effectively enhancing the available trading options for professional investors already engaged in cryptocurrency markets internationally.

Brandon Mulvihill, Co-Founder and CEO at Crossover Markets, highlighted the timely nature of this expansion, stating, "The U.S. market is experiencing a pivotal shift as institutional investors now have more opportunities in the realm of digital assets, moving away from the burdensome fees that historically plagued those involved in cryptocurrency trading."

The firm’s growth is notably supported by partnerships with leading firms in prime brokerage, including Hidden Road and BitGo. These collaborations enhance liquidity and facilitate comprehensive trading solutions across multiple platforms, a crucial aspect for institutional players seeking efficient transaction mechanisms.

Crossover’s CROSSx platform distinguishes itself by being an execution-only trading venue, a concept that aligns well with traditional finance methodologies. This unique model offers clients the advantage of trading anonymously without the restrictions often associated with crypto exchanges. It allows institutions to buy cryptocurrencies on one platform and sell them on another, thus drastically reducing settlement risks while enhancing capital efficiency—a familiar yet necessary mechanism for institutional participants.

To further reinforce its capabilities in the U.S. market, Crossover has relocated Anthony Mazzarese, Co-Founder and Chief Commercial Officer, from London to spearhead the expansion efforts. His relocation underscores the firm’s commitment to establishing a robust presence in a country that is quickly becoming a central hub for cryptocurrency activities. Mazzarese remarked, "The demand from U.S. institutions for quality trading technology and infrastructure is unparalleled at the moment, and we are dedicated to meeting these expectations."

Crossover Markets is strategically positioned to change the landscape of cryptocurrency trading for institutions. With its focus on delivering high-performing trading solutions and its execution-only ECN approach, the firm aims to cater to the intricate needs of institutional investors, facilitating their entry into the digital asset markets with the level of service they require.

As digital assets continue to gain traction among traditional financial players and regulatory frameworks solidify, Crossover’s expansion into the U.S. symbolizes a monumental milestone. By offering tailored services that bridge the gap between conventional finance and the digital future, Crossover is ready to redefine the cryptocurrency trading experience for institutions fragged by outdated models.

For more information on their services and offerings, visit Crossover Markets.