Digital asset trading company Crossover Markets has completed a $12 million Series A funding round, led by Illuminate Financial and others.

ChainCatcher news, according to CoinDesk, digital asset trading company Crossover Markets has completed a $12 million Series A funding round, led by Illuminate Financial and DRW Venture Capital, with participation from Flow Traders, Laser Digital, Two Sigma, Wintermute, and others.

Crossover Markets established a partnership with major broker Hidden Road last month. According to the company's CEO Brandon Mulvihill, it is one of the few ultra-low latency electronic communication networks (ECN) in the cryptocurrency space.