Jersey Metropolis, NJ, June 10, 2020 (GLOBE NEWSWIRE) — CrossTower, a brand new alternate operator on a mission to mainstream digital asset investing and buying and selling, right this moment introduced it has been chosen to hitch the Crypto Rating Council (CRC) as its latest member. The CRC is a member-owned and operated group dedicated to the accountable development and maturation of cryptocurrency markets and associated monetary infrastructure and buying and selling companies.
CrossTower joins 11 different business leaders, together with founding member Coinbase in addition to business pioneers like Cumberland, Anchorage and Genesis International Buying and selling within the CRC’s mission to offer a extra systematic U.S. securities regulation analytical framework for crypto property. CRC members are dedicated to the accountable development of crypto asset markets and share a perception that sensible compliance instruments can speed up the expansion of the business.
The multi-asset CrossTower buying and selling platform was based by capital markets veterans and methodically constructed for institutional and particular person traders with best-in-class safeguards, companies and capabilities to make the next-generation monetary markets a actuality. The alternate at present helps extremely energetic order books and tight spreads for crypto-to-crypto buying and selling within the 5 most generally traded currencies: Bitcoin, Ether, LiteCoin, USDC, Bitcoin Money and ZCash. CrossTower plans to introduce further property and companies later this 12 months.
“We’re honored to have been chosen to hitch the CRC and stay up for growing visibility, selling requirements, and contributing to the protected and orderly development of the digital asset business,” stated CrossTower Co-Founder and President Kristin Boggiano.
The CRC confers rankings throughout broadly held crypto property, with the bottom CRC rating of 1 indicating an asset that has few or no traits that justify therapy as a safety whereas a rating of 5 signifies traits strongly in step with therapy beneath U.S. securities regulation. Since its launch and the preliminary publication of 20 asset scores final fall, the member owned and operated CRC has made regular progress participating the developer neighborhood, recruiting respected and skilled business members, and producing further asset scores.
Based in 2020, CrossTower is an alternate operator based by capital markets veterans on a mission to mainstream digital asset buying and selling and investing. We’ve constructed a multi-asset platform for institutional and particular person traders with best-in-class safeguards, companies and capabilities to make the next-generation monetary markets a actuality. CrossTower has methodically constructed its platform, leveraging its buying and selling expertise, know-how, operational infrastructure, progressive pricing in addition to regulatory and consumer service fashions, to make sure the success of the alternate at launch and properly into the long run. For extra data, go to www.crosstower.com.
ABOUT CRYPTO RATING COUNCIL (CRC)
The Crypto Rating Council is a various group of main crypto companies dedicated to the accountable development and maturation of cryptocurrency markets and associated monetary infrastructure and buying and selling companies. Our members share a perception that sensible compliance instruments will help cryptocurrency exchanges, custodians, buying and selling desks, funding companies, and different monetary companies suppliers assist the expansion and adoption of this necessary asset class and associated blockchain applied sciences within the U.S. and all over the world. For extra data, go to www.cryptoratingcouncil.com.
Monica Van Horn CrossTower 917-446-6358 email@example.com