Former TradFi executives Brandon Mulvihill and Anthony Mazzarese have launched a new high-speed crypto trading firm that can complete trades in under 20 microseconds. The new firm, CROSSx, will initially offer institutional investors faster matching of buy and sell orders than a traditional exchange. Upon launch, the trading venue will offer spot trading, with plans for derivative trading expected later. CROSSx Launch Delayed by Crypto Winter Mulvihill and Mazzarese hope that lower latency will be a selling point of their new venture as crypto markets mature. The firm will run its trading engine from a physical data center in LondonGo to Source
Author: coinmaker