CrossTower

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CrossTower
Crosstower logo.png
Founded 2020
Headquarters Jersey City, New Jersey
Key People Kapil Rathi link=http://www.marketswiki.com/wiki/Kapil_RathiKapil Rathi, CEO and Co-Founder; Kristin Boggiano

link=http://www.marketswiki.com/wiki/Kristin_BoggianoiKristin Boggianoa, President and Co-Founder

Employees 10
Products Cryptocurrency trading platform
Twitter @crosstower_ex
LinkedIn Profile
Website Crosstower
Blog https://medium.com/@crosstower

CrossTower is a cryptocurrency trading platform that provides incentives in the form of fee rebates to liquidity traders in order to attract new traders to the platform and introduce them to cryptocurrency trading.

The company received $6 million in funding in June 2020, about a month after it began operation.[1]

The platform offers trading in cryptocurrency-to-cryptocurrency pairs involving bitcoin, Ether, Litecoin, USDC, Bitcoin Cash, XRP, Stellar, Chainlink, Basic Attention Token and ZCash.

Background

Two long-time securities and derivatives trading executives, Kapil Rathi link=http://www.marketswiki.com/wiki/Kapil_RathiKapil Rathi and Kristin Boggiano link=http://www.marketswiki.com/wiki/Kristin_BoggianoiKristin Boggianoa , established CrossTower early in 2020, after working together at AlphaPoint, a blockchain software development company. Rathi, who had been COO at AlphaPoint, had earlier been at Cboe, Bats, ISE and the NYSE. Boggiano, an attorney, was chief legal officer and on the executive committee of AlphaPoint and had previously worked at the SEC, CFTC, Schulte Roth and Guggenheim Partners. CrossTower's unique selling proposition is providing rebates to liquidity takers instead of the usual model of paying market makers in the hopes of spurring new customers to trade cryptocurrencies.[2]

References