LXDX announces funding by Dymon Asia Venture Capital Fund LP to make LXDX's cryptocurrency trading system more broadly available. LXDX delivers full-spectrum technology services for cryptocurrency markets, such as software that powers both public retail trades and private trades for institutional block trading. Dymon Asia Ventures is the venture capital arm of Dymon Asia Capital, an alternative investment manager headquartered in Singapore with roughly US$4.9 billion (including notional assets and dedicated capital) under control as of June 29, 2018. LXDX, in conjunction with Dymon Asia Ventures, is able to expand its reach and strengthen its technology offerings.
With the help of Dymon Asia Ventures, LXDX is creating the cryptocurrency space more accessible to investment banks, hedge funds and others used to the reliability and efficiency of traditional markets. The high-speed performance, coordinated security operations, and data infrastructure built in the LXDX exchange platform empowers trading venues to provide a superior trading environment for their own investors.
CEO Joshua Greenwald, formerly of SpaceX and creator of Greenlight Trading, a high-frequency trading ensemble located in Chicago, describes the company's roots:"We built LXDX in response to the aversion traditional finance institutions have had to the cryptocurrency area. Joining forces with Dymon allows our staff, with years of trading experience, to bring the qualities of conventional lit and dark exchanges to these new markets"
A team of seasoned financial executives and blockchain experts guide LXDX's operations. Along with Dymon Asia Ventures, advisors include cryptocurrency investor and writer Arianna Simpson, Justin Litchfield of Prochain Capital, and Alex Disney, formerly of Cumberland Mining.
LXDX gives individual and institutional cryptocurrency traders cryptocurrency blockchain exchange finance lxdx a stage together with the efficiency and reliability of traditional financial markets. The company launched in early 2018 to fulfill the need for institutional-grade cryptocurrency exchange and trading technology services. The founding team is composed of accomplished infosec engineers, algo dealers, and technology specialists. LXDX is venture backed, represented by international law firms, and supported by world-class business consultants.