It comes after months of window shopping by CrossTower as crypto companies are still looking to expand despite the crypto market downturn.
CrossTower eyeing further crypto acquisitions outside of Voyager bid
CrossTower’s president said they would place extra emphasis on highly transparent and compliance-focused companies in light of the FTX collapse.
CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC
The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust.
CrossTower Launches Capital Markets Desk to Bring Institutions to Its Spot Exchange
“Ultimately we end up with something that looks and feels a little bit like what you see in the prime brokerage space.”
Crypto Trading Platform CrossTower Raises $6M in Seed Round
CrossTower has raised $6 million in seed funding, with entrepreneur Gerard Lopez leading the round.