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]
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