Birth and ambition
CrossTower was founded in 2020 by professionals from capital markets rather than crypto circles. It was built with a regulatory-first mindset, designed to attract institutional traders with a familiar and compliant trading environment. In 2021, it made headlines with its expansion into India, hiring aggressively and offering incentives to scale quickly.
Growth by acquisition
At the end of 2022, CrossTower acquired Bequant, a move that added prime brokerage tools, institutional clients and broader market access. The acquisition positioned CrossTower as more than a typical altcoin exchange, signaling its bid to become a serious institutional player.
Where volume sits today
Despite these efforts, CrossTower now shows as an untracked listing. Trading volumes, order books and liquidity data are absent. While the platform still technically exists, it has slipped off the radar, with little visible activity in the wider market.
Strengths & weaknesses at a glance
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Final word
CrossTower started with ambition, positioning itself as an institutional-grade exchange that prioritized regulation and compliance. It expanded into India and acquired Bequant, making serious moves to build credibility. But in 2025, it stands untracked, with little visible activity. The ambition remains in its history, but the present feels quiet, almost absent.
For now, CrossTower is more of a reminder that institutional intent alone isn't enough without sustained activity and adoption.