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Crossover Markets and BitGo partner
07 March 2025 UK
Reporter: Jack McRae

Image: stock.adobe.com/Marina
Crossover Markets has partnered with BitGo Trust Company to deliver an anonymous trading and clearing solution.

The partnership sees Crossover’s CROSSx crypto electronic communication network (ECN) integrated with BitGo Trust's regulated qualified custody offering and Go Network clearing solution.

The collaboration comes amid increasing levels of institutional interest in digital assets.

Mike Belshe, co-founder and CEO of BitGo, says: “As we continue to deepen liquidity access to our clientele in a variety of ways, all aimed to compress fees and cost of capital while maintaining the highest standards of security.

“The addition of Crossover’s CROSSx ECN brings unique advantages that will play a critical role in the liquidity mix for our clients.”

Brandon Mulvihill, co-founder and CEO of Crossover Markets, adds: “With US$100 billion in custodial assets and 9.3 million plus wallets, BitGo is perfectly suited to address the topic of fungibility, allowing CROSSx to compete for market share based on the merits of our technology, pricing, and ability to eradicate market impact.”

The partnership will commence in April.
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