EDX
Markets, a new digital asset marketplace, has announced the successful
initiation of its trading operations, backed by a consortium of major financial
institutions. Among the mentioned companies are several Wall Street giants,
including Charles Schwab, Fidelity Investments, and Citadel Securities.
The company
has also completed a new funding round that brought additional strategic
investors on board. In a future plan to optimize the market, the platform aims
to introduce a clearinghouse, EDX Clearing, later this year.
The EDX
Markets platform began trading recently and claims that it stands out from the
competition thanks to its liquidity, competitive quotes, and unique
non-custodial model. EDX Markets aims to lessen potential conflicts of
interest. EDX also brought a retail-only quote to the crypto markets, which
resulted in improved pricing for retail-originated orders.
The
platform supports the trading of the most popular digital assets such as
Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).
Jamil Nazarali, the CEO of EDX
“EDX’s
ability to attract new investors and partners in the face of sector headwinds
demonstrates the strength of our platform and the demand…
