CrossFi (XFI) is a cryptocurrency designed to bridge the gap between traditional financial systems and blockchain technology. It operates within the CrossFi ecosystem, which leverages Cosmos and Ethereum Virtual Machine (EVM) technologies to provide scalable and efficient financial services. The ecosystem includes the CrossFi Chain, a blockchain platform capable of handling up to 1 million transactions per second, and the CrossFi App, which offers non-custodial crypto payments and fiat transactions​.

CrossFi (XFI) serves multiple purposes within its ecosystem. It acts as a versatile payment system for both online and offline transactions. Businesses can integrate CrossFi to accept crypto payments, expanding their payment options to cater to the growing market of cryptocurrency users. CrossFi also provides tools for managing accounts, executing payments, and generating reports, helping businesses streamline their operations and integrate cryptocurrency transactions seamlessly. The CrossFi xAPP offers decentralised finance (DeFi) functionalities, including token swaps, asset bridging, liquidity provision, and staking. Users can also manage their crypto assets and perform transactions across different blockchain networks. The CrossFi App supports cross-border transfers via SWIFT and IBAN, peer-to-peer transfers using card or phone numbers, and competitive currency exchange rates. It also issues virtual and non-custodial crypto Visa cards for spending crypto like fiat with millions of merchants worldwide.

CrossFi was founded by Alexander Mamasidikov, who serves as the Founder and CEO of Cross Finance. He is a chief ideologist and coordinator of the Cross Finance team. Alexander has expertise in crypto and digital marketing and is the founder of the IEO Agency. He has contributed to over 72 projects in international fintech, blockchain, and CrossFi. Recognised as one of the top 20 blockchain entrepreneurs by Publish0x, he is also an author of articles on digital marketing, fintech, and blockchain technologies for Forbes and other major financial publications. Alexander directs the development strategy for the entire Cross Finance ecosystem, guiding the promotion and market presence of the company's products.