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 management 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 other people accustomed to the reliability and efficacy of conventional markets. The high-performance operation, unified security processes, and data infrastructure built in the LXDX exchange platform enables trading places to provide a superior trading environment for their own investors.
CEO Joshua Greenwald, formerly of SpaceX and creator of Greenlight Trading, a top notch trading outfit located in Chicago, describes the company's roots:"We built LXDX in reaction to the aversion conventional 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 team of seasoned financial executives and blockchain experts guide LXDX's surgeries. Legal representation comprises DLA Piper, Masur Griffitts +, and DF Advocates.
LXDX provides institutional and individual cryptocurrency dealers a platform together with cryptocurrency blockchain exchange finance lxdx 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, represented by global law firms, and encouraged by world-class business advisers.