EDX Markets , the trailblazer in offering secure and regulatory-compliant digital asset trading facilitated by trusted intermediaries, has made waves today as it announces the launch and completion of a fresh investment round.
Notably, this FinTech company has successfully obtained additional funding, with the strategic involvement of esteemed entities such as Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, and HRT Technology. These firms join an impressive lineup of original investors, which includes Charles Schwab, Citadel Securities, Fidelity Digital AssetsSM, Paradigm, Sequoia Capital, and Virtu Financial.
EDX Markets operates as a unique digital asset marketplace, bridging the gap between traditional finance and the new world of cryptocurrency. As a trailblazer, it has become the crypto marketplace of choice for industry leaders. EDX offers customers numerous benefits including liquidity, competitive quotes, and a unique, non-custodial model designed to mitigate conflicts of interest. The company currently trades Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).
The fresh investment will accelerate the platform’s development and in addition it will expand its market presence. EDX plans to introduce EDX Clearing later this year to settle trades matched on EDX Markets. The clearinghouse aims to enhance price competition, reduce settlement risks, and increase operational efficiencies for participants.
EDX Markets, already backed by a consortium of major financial institutions, now looks forward to bolstering its market leadership position with the help of its new strategic investors. The firm also plans to introduce a retail-only quote to the crypto markets, a move designed to provide participants with better pricing for retail-originated orders