EDX Markets

Cryptocurrency company in New Jersey, US From Wikipedia, the free encyclopedia

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]
Quick Facts Company type, Founded ...
EDX Markets
Company typePrivate
Founded2022
Headquarters,
United States
Key people
Jamil Nazarali (CEO)
ProductsBitcoin, Ethereum, Litecoin
Websiteedxmarkets.com
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The company's CEO, Jamil Nazarali, was formerly global head of business development at Citadel Securities.[10][11]

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]

See also

References

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