Crossover Markets Group, an institution-focused digital assets firm, has announced a collaboration with the U.S.-regulated crypto exchange Cboe Digital.
The collaboration between Crossover and the digital arm of the Chicago Board Options Exchange gives the latter clearing solutions for spot and futures trades across multiple digital asset execution platforms.
“Institutional market structure in crypto is being reset; the collaboration of Cboe Digital’s world-class infrastructure and CROSSx, a first-of-its-kind, ultra-low latency ECN is groundbreaking,” co-founder of Crossover Brandon Mulvihill said. The collaboration promotes competition in trade execution and could help to reduce trading fees, the co-founder added.
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