TechFlow reported that Crossover Markets, an institutional crypto execution trading platform, has raised $12 million in Series A funding led by Illuminate Financial and DRW Venture Capital. The round also saw participation from Flow Traders, Laser Digital, Two Sigma, Wintermute, as well as Exness, Gate.io, GMO, Pepperstone, Trademax, and Think Market.
Mark Beeston, founder of Illuminate Financial, will join the board of directors at Crossover.




