CrossTower has partnered with digital asset trading platform Omniex to enter its liquidity network which covers the industry’s most trusted exchanges and OTC (over-the-counter) venues.
Omniex’s algorithmic trading and smart order routing tools give asset managers, active traders, and intermediaries including broker-dealers and OTC desks, consolidated order books across the top venues.
Now including CrossTower, Omniex customers are now able to access deep and liquid order books at CrossTower US and Global exchanges. Omniex brings best execution to buyside and sellside market participants.
CrossTower CEO and Co-Founder Kapil Rathi, said: “The growth rate of the digital asset industry has outpaced the rise of centralized mechanisms to support the transparency and efficiency of crypto spot and derivatives markets around the clock and around the globe. We appreciate Omniex’s recognition of our consistently best-of-book pricing to support these dynamic markets.”
Hu Liang, CEO and Co-Founder, Omniex, said: “We’re excited to be partnering with CrossTower’s seasoned team to continue the institutional expansion of the crypto market. In addition to enabling access to the CrossTower exchange, we’re excited to have CrossTower tap into our world-class liquidity aggregation and execution to support their continued institutional expansion.”
CrossTower has recently reported a 200% increase in its month-over-month (MoM) trading volumes, making it one of the fastest growing U.S.-regulated digital asset exchanges.
The firm has launched a capital markets desk with an expanded offering, such as structured products, lending, and trade financing options, now including credit card payments.
The operator supports trading in Bitcoin, Ether, Litecoin, USDC, Bitcoin Cash, Stellar, Chainlink, Basic Attention Token, ZCash, 0x, MakerDAO MKR, MakerDAO DAI, and Numeraire.