LXDX announces backing by Dymon Asia Venture Capital Fund LP to make LXDX's cryptocurrency trading platform more widely accessible. LXDX offers full-spectrum technology solutions for cryptocurrency exchanges, including applications 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 committed 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 other people used to the reliability and efficiency of traditional markets. The high-speed performance, coordinated cryptocurrency blockchain exchange finance lxdx security operations, and information infrastructure built into the LXDX exchange platform empowers trading venues to supply a superior trading environment for their investors.
CEO Joshua Greenwald, previously of SpaceX and creator of Greenlight Trading, a high-frequency trading ensemble based in Chicago, describes the organization's origins:"We built LXDX in reaction to the aversion conventional finance associations have had to the cryptocurrency space. Joining forces with Dymon enables our staff, with decades of trading experience, to deliver the qualities of traditional dark and lit exchanges to those new markets."
A group of experienced financial executives and blockchain experts guide LXDX's surgeries. Legal representation comprises DLA Piper, Masur Griffitts +, and DF Advocates.
LXDX gives individual and institutional cryptocurrency traders a stage together with the efficiency and reliability of conventional financial markets. The organization launched in early 2018 to fulfill with the need for institutional-grade cryptocurrency trading and exchange technology solutions. The founding team consists of accomplished infosec engineers, algo dealers, and tech veterans. LXDX is venture backed, represented by international law firms, and supported by world-class industry consultants.