NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Crossover Markets

Crossover Markets

Private
Bernardsville, New JerseyCrypto & Web3https://crossovermarkets.com/

Last Round

Series B

Mar 4, 2026

Est. Valuation

$200M

Total Funding Raised

$49.35M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Crossover Markets is a financial technology company that operates an execution-only cryptocurrency electronic communication network (ECN) designed to provide institutional-grade liquidity and low-latency trade execution.

Sector

Crypto & Web3

Verticals

Blockchain Infrastructure, Crypto Exchanges, Financial Data

Business Model

B2B

Customer Profile

Marketplace Commission

AI Layer

Non-AI

Keywords

electronic communication networkECNinstitutional crypto tradingcrypto exchangelow-latency tradingexecution-only venuecrypto liquiditydisclosed liquiditycrypto market structurenon-custodial tradingFIX connectivitycrypto prime brokeragedark poolcrypto matching engineinstitutional defi

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Crossover Markets Comps

Public and private peers based on sector, stage, and business model.

Crossover Markets comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

View Full Comps Set

Access detailed peer comparisons, multiples, and valuation benchmarks.

Crossover Markets Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMar 4, 2026
Series AJun 26, 2024
SeedMar 21, 2023
SeedJul 12, 2022

Key People

Founding team and executive leadership

Anthony Mazzarese

Co-Founder & Chief Commercial Officer

Founding Team

Brandon Mulvihill

Co-Founder CEO

Founding Team

Kevin Wolf

Chief Financial Officer

Executive Team

Denis Afanasev

Chief Product Officer

Executive Team

Crossover Markets Investors

Notable investors and investment history

Crossover Markets investors
InvestorRounds
TMGMSeed
Wintermute VenturesSeries B, Seed
DRW Venture CapitalSeries A
DRW Trading GroupSeries B
XTX MarketsSeries B
Gate VenturesSeed
Flow TradersSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 30, 2026

    Jay Patel joins as the new Global Head of Markets.

  • Mar 4, 2026

    $31M round raised at $200M post-money valuation.

Crossover Markets Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Crossover Markets Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Crossover Markets's valuation, stock price, and market status.

Firmographic Details

HeadquartersBernardsville, New Jersey
Employee Range20
Year Founded2022
Last FundingMar 4, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.