Bakkt plans to launch a crypto electronic communication network supported by Crossover Markets.

according to financefeeds, cryptocurrency custody and trading company Bakkt will launch a crypto-exclusive electronic communication network (ECN) powered by Crossover Markets, designed to meet institutional needs.

It is reported that BakktX will be supported by Crossover's high-performance technology, providing institutional and professional traders with matching latencies of less than 10 microseconds, customizable liquidity flows, and trading costs significantly lower than those of existing cryptocurrency brokers and trading platforms.