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Company type | Private |
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Founded | 2022 |
Headquarters | , United States |
Key people | Jamil Nazarali (CEO) |
Products | Bitcoin, Ethereum, Litecoin |
Website | edxmarkets |
EDX Markets is an institutional cryptocurrency exchange owned by Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation, Virtu Financial and Sequoia among others. [1] [2] [3] Initially, the exchange offered trading in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. [4] [5] [6] In November 2024, the exchange added trading support for two memecoins, Dogecoin and Shiba Inu. [7]
EDX offers a non-custodial model, meaning that it does not hold clients' digital assets. [8] [4] The exchange began processing trades in June 2023. [9]
The company's CEO, Jamil Nazarali, was formerly global head of business development at Citadel Securities. [10] [11]
EDX Markets was founded in 2022. [12]
In 2023, the company launched EDX Clearing, a central clearinghouse for trades. [13]
In January 2024, EDX completed their series B round of funding led by Pantera Capital and Sequoia Capital, for an undisclosed amount. [14] The company plans to use the funding to expand outside of the US. [14]