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CRX

CRX provides on-chain FX rate locks and FX non-deliverable forwards (NDFs). It matches eligible participants with competing dealers, enables continuous USDC cash settlement, and offers white-label FX rate locks for payment processors and other platforms.
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Description

CRX is a matched principal dealer for FX NDFs operating within the CFTC’s framework for swaps under the Commodity Exchange Act. Its platform supports custom contracts across more than 30 corridors, with no trade minimums or fixed tenors, and allows dealers to compete for requests. Contracts are collateralized on-chain in USDC, cash-settled continuously, and proceeds can be withdrawn immediately into a self-custodied wallet. CRX also offers embedded custody connections, live pricing, and white-label FX rate locks for payment processors and other businesses.

Technology & Skills

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