Cryptocurrency exchange EDX Market (EDXM), co-founded by Fidelity, Citadel and Charles Schwab, one of the leading names in the financial market, announced that it will receive support from Paxos for custody services.
Fidelity, Citadel and Charles Schwab According to a press release published by Sept. 13, the three companies, with the support of several venture capital firms, He founded a cryptocurrency exchange called EDX Market. had announced.
The officials of this established crypto money exchange, in the interviews they gave later, stated that many crypto money exchanges will get help to learn the difficulty they had explained.
EDXM, which will receive support from Paxos, which is known to be regulated by the New York Department of Financial Services, in order to keep its customers’ assets safe. will be held in US accounts told.
EDXM CEO Jamil Nazarali said in a statement, compliance and security He noted that these are the most important differences that EDXM has to offer.
The reserves of Paxos, the issuer of BUSD, the local stablecoin of Binance, the world’s largest cryptocurrency exchange 95% in dollars by many investors reliably makes it visible.