Fundraising Fox

Crossover Markets

Founded 2022 · 21 employees on LinkedIn · 11 known investors

Crossover Markets operates CROSSx, an execution-only cryptocurrency electronic communication network (crypto ECN) built for institutional participants, offering ultra-low-latency quote-driven matching, smart order routing, and FIX API or GUI connectivity. The platform decouples trade execution from custody and brokerage, serving institutional crypto traders 24/7.

Crypto & Web3Fintech

Founders & leadership

Crossover Markets was founded in 2022 by Brandon Mulvihill, Vladislav Rysin, and Anthony Mazzarese.

BMBrandon Mulvihill
Brandon MulvihillinCo-Founder & CEO
VRVladislav Rysin
Vladislav RysininCo-Founder & CTO
AMAnthony Mazzarese
Anthony MazzareseinCo-Founder & CCOCo-founder and Chief Commercial Officer of Crossover Markets, which operates an execution-only cryptocurrency electronic communication network serving institutional traders.

Investors · 11

Flow TradersAmsterdam
MetalayerNew York
WintermuteLondon
DRW Venture Capitalreported · 2 sourcesChicago · $1M – $5M
Illuminate Financialreported · 3 sourcesLondon · $1M – $8M
Laser DigitalreportedZurich
Ripplereported · 2 sourcesSan Francisco
Virtu FinancialreportedNew York
XTX MarketsreportedBristol

Also in the syndicate · 2

Tradeweb MarketsleadWintermute Ventures

Funding

SEC filings, press & company announcements

$31M disclosed across 1 of 2 rounds · 2024–2026

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Crossover Markets raises $31 million in Tradeweb-led Series B with participation from Ripple | The Blocktheblock.co · Mar 2026Crossover Markets Raises $31 Million To Expand Institutional Crypto Tradingventureburn.com · Mar 2026Crossover Markets Raises $31M Series B for Crypto ECN - TAMradar Funding Rounds Signalstamradar.com · Mar 2026Crossover Markets Secures $31 Million Series B Funding at $200 Million Valuation, Led by Tradewebprnewswire.com · Mar 2026Crossover Markets Raises $31M Series B Fundingfinsmes.com · Mar 2026Crossover Markets Raises $12 Million Series A Funding Round Led by Illuminate Financial and DRW Venture Capitalprnewswire.com · Jun 2024

Frequently asked questions

What does Crossover Markets do?
Crossover Markets operates CROSSx, an execution-only cryptocurrency electronic communication network (crypto ECN) built for institutional participants, offering ultra-low-latency quote-driven matching, smart order routing, and FIX API or GUI connectivity. The platform decouples trade execution from custody and brokerage, serving institutional crypto traders 24/7.
Who founded Crossover Markets?
Crossover Markets was founded by Brandon Mulvihill, Vladislav Rysin, Anthony Mazzarese in 2022.
Who are Crossover Markets's investors?
Crossover Markets's investors include Flow Traders, Metalayer, Wintermute, DRW Venture Capital, Illuminate Financial, Laser Digital, Ripple, Virtu Financial and 1 more.
How much funding has Crossover Markets raised?
Crossover Markets has disclosed $31M raised across 1 of its 2 known rounds.