SFOX adds CrossTower to its institutional platform
“As one of the only major agnostic resellers in the crypto space, we have a responsibility to seek, collect and organize the best liquidity on behalf of our institutional clientele. Adding CrossTower to our router contributes to bias. unique prices and, ultimately, better price discovery for our clients block trading or top-of-booking ”, says SFOX’s Head of Execution Services, Shawn egger.
SFOX offers one of the world’s only end-to-end (custody and fulfillment) sites for institutions and is designed to meet the high standards they demand, both internally and from regulators. SFOX connects to exchanges, banks, OTCs and other liquidity providers around the world so clients can access global liquidity and best price execution from a single account. SFOX saw explosive 18-fold year-over-year growth in 2021 in hedge fund volume. SFOX offers 10 times more liquidity than other market makers, over-the-counter offices and centralized exchanges, etc.
In the first half of 2021, CrossTower continued to grow exponentially with increased trading volumes, a new capital markets office and a new finance company. The company also made a series of senior executive hires, including former CEO of Goldman Sachs Cory Thackeray as CFO. CrossTower received the highest ranking (AA) of CryptoCompare in the last exchange reference.
Founded in 2019, CrossTower is a multi-asset investment and trading company that empowers smart money to push the boundaries of what is possible with crypto. CrossTower launched its trading platform in 2020, and in 2021 introduced a capital markets office with top-notch services and products tailored to the needs of demanding traders and institutions, including hedge funds, family offices and other market players. CrossTower has leveraged its vast experience in trading, technology, operational infrastructure, innovative pricing, regulation and compliance to make crypto and digital assets accessible to savvy retailers and sophisticated institutional market participants.
For more information visit www.crosstower.com.
Founded in 2014, SFOX (San Francisco Open Exchange) is one of the largest cryptocurrency traders for institutional traders. SFOX provides custody, cash management, connectivity, liquidity, intelligent order routing, algorithmic best execution and unified reporting through one connection, one counterparty and one workflow. SFOX’s team of developers and senior executives bring experience from institutions such as Airbnb, Apple, Goldman Sachs, Citadel, Google, NASA, Gemini, Ripple, Capital Group, ITG and State Street. The company is backed by Social Capital, Y Combinator, Digital Currency Group, Khosla Ventures, Tribe Capital, DHVC, Haystack, Sequoia, Blockchain Capital, SV Angel and executives from PayPal and Airbnb.
For more information visit https://www.sfox.com/
Gutenberg for CrossTower
Sutherlandgold for SFOX