SFOX adds CrossTower to its institutional platform

Partnership creates better access to liquidity for CrossTower customers and SFOX participants

NEW YORK, October 5, 2021 / PRNewswire / – CrossTower, one of the world’s fastest growing crypto trading and investment companies, today announced that it has joined the SFOX platform. SFOX is the leading independent digital asset broker providing institutional traders and investors with access to the global crypto markets from a single account.

Logo Tower of the Cross

Adding CrossTower to our router contributes to unique price differentials and better price discovery for our customers

“Increasingly, our clients are demanding access to multiple reputable platforms and the ability to support various assets and strategies, such as our robust pair offerings,” said Bryan christian, Head of Trade at CrossTower. “We are delighted to join the SFOX platform to expand our distribution and SFOX’s commitment to regulatory and operational compliance makes it a great partner for us. “

“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 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) from CryptoCompare in the last Benchmark Exchange.

About CrossTower
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 introduced in 2021 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 sophisticated retail and institutional players.

For more information visit www.crosstower.com.

About SFOX
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/

MEDIA CONTACTS:

Gutenberg for CrossTower
Nina Jacobs
[email protected]

Sutherlandgold for SFOX
Yalda Rafie
[email protected]

Cision

Cision

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