Fmr. SpaceX Engineer Launches Institutional Cryptocurrency Exchange

As an engineer at SpaceX, Joshua Greenwald was charged with spearheading automation and propulsion on the aerospace startup’s Moonraker project. Now, he is directing his efforts toward a radically different industry, albeit one that also has lunar ambitions.

Greenwald, who spent more than a decade as a trader prior to his stint at SpaceX, has founded a cryptocurrency exchange, LXDX, that seeks to make the nascent asset class more accessible to institutional investors while also providing individual investors with professional-grade trading tools.

“Our immediate focus is on cryptocurrency and enabling every investor to utilize the exclusive tools, like smart order routing, that only institutions previously could access. When we built top tier infrastructure for traditional markets, our team solved many of the same problems facing cryptocurrency exchanges today,” Greenwald said in remarks cited by LeapRate.

LXDX has received funding from firms such as the venture arm of…