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CrossTower Acquires BEQUANT to Expand Global Reach

CrossTower Inc's acquisition of BEQUANT boosts its global client base and strengthens its crypto market presence.
Published on 2022-11-30

CrossTower's Strategic Acquisition

CrossTower Inc has strategically acquired BEQUANT, a digital asset trading platform, enhancing its position in the cryptocurrency market. This move follows CrossTower's recent exploration of various crypto companies, including a revised bid for Voyager Digital's assets.

Expansion of Client Base

The acquisition significantly expands CrossTower's client base by adding over 600 professional exchange clients. These new clients are located across major regions, including the United States, Europe, Asia, and Latin America. Collectively, these clients contribute to an impressive $400 billion in annual trading volume, providing a substantial boost to CrossTower's existing operations.

Global Market Impact

This acquisition marks a pivotal step for CrossTower in broadening its global influence. By integrating BEQUANT's established network, CrossTower is poised to enhance its service offerings and market reach. The expansion into diverse geographical areas indicates a strategic effort to strengthen its competitive edge in the rapidly evolving crypto landscape.

Future Prospects

With the addition of BEQUANT's resources, CrossTower is set to further develop its capabilities and explore new opportunities within the digital asset sector. This acquisition aligns with CrossTower’s growth objectives, positioning it as a formidable player in the cryptocurrency exchange market.

CrossTower's move to acquire BEQUANT underscores its commitment to growth and innovation, setting the stage for future advancements in the digital trading space.

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