EDX Markets (EDXM), the crypto money exchange co-founded by Fidelity, Citadel and Charles Schwab, one of the leading names in the financial market, will start its operations today.
In a recent report quoted by The Wall Street Journal, fidelity, Citadel And Charles Schwab founded by EDX Markets‘s activities 20 June It was stated that it will be broadcast on the day. Among the supporters of the platform Paradigm, Sequoia Capital and Virtu Financial as well as venture capital firms.
Despite the platform going live today, it has been silently for a few weeks. to buy and sell allegedly provides.
EDX Markets, in the first phase only Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) And Bitcoin Cash (BCH) will provide specific services. According to the statement, EDX Markets will not directly trade customers’ crypto assets or directly serve individual investors.
EDXM by combining the order books of multiple cryptocurrency exchanges on a single platform. high liquidity And low price differentials offers. The technological infrastructure of the platform is also MEMX provided by.
Although it has been 9 months for ED Markets, which was introduced in September 2022, to become active. such great actors Their involvement in the cryptocurrency industry has been positively received by the community.
On the other hand, in the statement made by EDX Markets in October 2022, it Support from Paxos to be taken was specified.