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EDX Markets
Cryptocurrency company in New Jersey, US From Wikipedia, the free encyclopedia
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EDX Markets is an institutional cryptocurrency exchange owned by Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation, Virtu Financial and Sequoia among others.[1][2][3] Initially, the exchange offered trading in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.[4][5][6] In November 2024, the exchange added trading support for two memecoins, Dogecoin and Shiba Inu.[7]
EDX offers a non-custodial model, meaning that it does not hold clients' digital assets.[8][4] The exchange began processing trades in June 2023.[9]
The company's CEO, Jamil Nazarali, was formerly global head of business development at Citadel Securities.[10][11]
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History
EDX Markets was founded in 2022.[12]
In 2023, the company launched EDX Clearing, a central clearinghouse for trades.[13]
Funding
In January 2024, EDX completed their series B round of funding led by Pantera Capital and Sequoia Capital, for an undisclosed amount.[14] The company plans to use the funding to expand outside of the US.[14]
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References
External links
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