EDX Markets Expands Cryptocurrency Offerings by Adding 17 New Tokens

EDX Markets, supported by Fidelity Digital Assets, Charles Schwab, and Citadel Securities, is expanding its cryptocurrency offerings by adding 17 new tokens. This move aims to address increasing institutional demand for crypto trading.

  • The newly listed cryptocurrencies include:
  • CEO Tony Acuña-Rohter emphasized the platform's focus on institutions and regulatory clarity.
  • EDX Markets operates without holding customers' digital assets, using a model similar to traditional stock exchanges.
  • Previously, the exchange offered only bitcoin (BTC), ethereum (ETH), and litecoin (LTC).
  • A perpetual futures exchange is planned for launch in Q2 2024, based in Singapore, with global availability excluding the U.S.
  • The company continues to onboard clients from traditional finance and expand its product offerings.

EDX Markets launched in June 2023 and has secured investments from major firms including Fidelity and Citadel. The addition of new tokens aims to attract a broader client base.