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 forces both public retail exchanges and personal exchanges for institutional block trading. Dymon Asia Ventures is the venture capital arm of Dymon Asia Capital, another investment manager headquartered in Singapore with approximately US$4.9 billion (including notional resources 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 making the cryptocurrency area 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 information infrastructure built into the LXDX market platform enables trading places to provide a superior trading environment for their investors.
CEO Joshua Greenwald, previously of SpaceX and founder of Greenlight Trading, a top notch trading outfit located in Chicago, describes the company's roots:"We assembled LXDX in response to the aversion traditional finance institutions have had to the cryptocurrency area. Joining forces with Dymon allows our staff, with decades of trading experience, to bring the qualities of conventional lit and dark exchanges to those new markets."
A group of seasoned financial executives and blockchain experts guide LXDX's surgeries. Legal representation includes DLA Piper, Masur Griffitts +, and DF Advocates.
LXDX provides institutional and individual cryptocurrency dealers a platform together with the efficacy and reliability of conventional financial markets. The organization launched in early 2018 to fulfill with 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, cryptocurrency blockchain exchange finance lxdx represented by global law firms, and supported by world-class business advisers.