Company type | Privately held company |
---|---|
Founded | 2022 |
Headquarters | , United States |
Key people | Jamil Nazarali (CEO) |
Products | Bitcoin, Ethereum, Litecoin |
Website |
edxmarkets |
EDX Markets is an institutional cryptocurrency exchange backed by Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation, Virtu Financial and Sequoia among others. [1] [2] [3] The exchange offers trading in Bitcoin, Ethereum, and Litecoin. [4] [5] EDX offers a non-custodial model, meaning that it does not hold clients' digital assets. [6] [4] The exchange began processing trades in June 2023. [7]
The company's CEO, Jamil Nazarali, was formerly global head of business development at Citadel Securities. [8] [9]
EDX Markets was founded in 2022. [10]
In 2023, the company launched EDX Clearing, a central clearinghouse for trades. [11]
In January 2024, EDX completed their series B round of funding led by Pantera Capital and Sequoia Capital, for an undisclosed amount. [12] The company plans to use the funding to expand outside of the US. [12]