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 at June 29, 2018. LXDX, in working with Dymon Asia Ventures, can broaden its reach and strengthen its technology offerings.
With the support 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, unified security processes, and data infrastructure built in the LXDX exchange platform empowers trading venues to supply a superior trading environment for their investors.
CEO Joshua Greenwald, formerly of SpaceX and creator of Greenlight Trading, a top notch trading outfit based in Chicago, describes the company's roots:"We built LXDX in reaction to the aversion conventional finance associations have had to the cryptocurrency space. Joining forces with Dymon allows our staff, with decades of trading experience, to deliver the qualities of traditional dark and lit exchanges to these new markets."
A group of experienced financial executives and blockchain specialists guide LXDX's operations. In addition to Dymon Asia Ventures, advisers include cryptocurrency cryptocurrency blockchain exchange finance lxdx investor and author Arianna Simpson, Justin Litchfield of Prochain Capital, and Alex Disney, formerly of Cumberland Mining.
LXDX gives individual and institutional cryptocurrency traders a stage together with the efficiency and reliability of traditional financial markets. The company launched in ancient 2018 to fulfill the demand for institutional-grade cryptocurrency trading and exchange technology solutions. The founding team is composed of accomplished infosec engineers, algo traders, and tech veterans. LXDX is venture backed, represented by global law firms, and encouraged by world-class industry consultants.