EDX Markets Backed By Fidelity, Citadel, Schwab Starts Crypto Exchange Services
Also Read: Here’s When Bitcoin Price Can Start Rally Again Above $30,000 advertisement EDX Markets Start Crypto Exchange Operations EDX Markets-backed by market leaders including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial silently started executing trades in recent weeks. While EDX Markets seeks business from brokers and investors interested in crypto assets, but it remains concerned regarding heightened scrutiny from regulators in the US after troubles in FTX and Binance. However, Wall Street firms are still interested in crypto despite regulatory crackdowns led by the US Securities and Exchange Commission (SEC). It is a first-of-its-kind exchange that will address latent demand for digital asset trading by enabling safe and compliant trading of digital assets through trusted intermediaries. It differs from how Crypto exchange s typically operate as it is a “noncustodial” ...