EDX Markets

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EDX Markets (EDXM)
Founded 2022
Key People Jamil Nazarali, Chief Executive Officer
Products Digital Asset Trading
Website edxmarkets.com

EDX Markets (EDXM) is a new cryptocurrency platform launched on September 13, 2022 to address latent demand for digital asset trading by enabling trading of digital assets through trusted intermediaries. The new exchange will combine technology provided by MEMX with best practices from traditional financial markets for U.S. retail and institutional investors. EDXM will enable a cryptocurrency ecosystem that aggregates liquidity from multiple market makers with the aim of reducing spreads and improving transparency. Trades will be netted and settled on the blockchain.[1]

EDXM was launched as a collaboration among a number of broker-dealers, global market makers and venture capital firms. These include Citadel Securities, Fidelity Investments and Charles Schwab Corp, as well as Virtu Financial, Sequoia Capital and Paradigm.[2]

EDXM aims to dramatically reduce the cost of buying and selling digital assets. It will initially focus on only a handful of tokens including bitcoin (BTC).[3]

History[edit]

EDX Markets was founded by a consortium of broker-dealers, global market makers and venture capital firms. It was launched on September 13, 2022.

Products and Services[edit]

Trading of digital assets

Key People[edit]

References[edit]