Crossover Markets to power Moomoo’s digital asset offering via CROSSx
Crossover Markets today announced a strategic partnership with Moomoo, a global investment and trading platform, to bolster Moomoo’s digital asset offering for U.S. investors through the integration of CROSSx.
Powered by the industry’s fastest and most advanced matching engine, CROSSx delivers matching times sub-10 microsecond order-to-ack with the capacity to handle heavy bursts of market data and order requests during periods of high volatility.
The partnership comes as digital assets move further into the mainstream for U.S. retail traders, with leading brokerages increasingly offering spot crypto trading alongside stocks and other traditional asset classes. Moomoo will connect its advanced front-end trading interface to CROSSx’s low-latency routing technology in NY4, enabling Moomoo to efficiently connect with and scale its network of liquidity providers and counterparties.
“As institutional market structure continues to mature, the platforms leading the space are selecting best-in-class technology for each part of the trade lifecycle,” said Anthony Mazzarese, Co-Founder and Chief Commercial Officer at Crossover Markets. “We are excited to partner with Moomoo on their crypto offering. Their innovative trading tools and broad cross-asset coverage coupled with our low-latency and high-performance connectivity and Smart Order Matching (SOM) technology powers a differentiated product to a growing demand of active traders.”
As competition shifts toward execution quality and cost, Moomoo’s integration of CROSSx positions the platform, which serves more than 30 million investors globally, to deliver high-performance digital asset execution to a broad retail investor base. The partnership also expands the reach of CROSSx into a new distribution channel as demand for faster, more reliable digital asset execution continues to grow.
“Digital asset markets are maturing quickly, and investors increasingly expect the quality of execution they see in traditional markets,” said Neil McDonald, CEO of Moomoo U.S. “Our partnership with Crossover gives Moomoo access to sophisticated matching, liquidity aggregation and smart order-routing technology, helping us build a more robust execution experience for digital asset trading on our platform.”
“Retail investors require institutional-grade technology for every asset class they trade, and Moomoo is focused on pairing the tools our users rely on with the execution infrastructure to support them as we continue expanding access to crypto trading across the U.S.,” said Albi Mema, Director of Crypto Operations at Moomoo U.S. “Partnering with Crossover Markets strengthens our ability to deliver fast, reliable crypto trading during periods of heightened volatility as we work to provide investors with a truly unified investing experience.”
