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763. Banks Launch Crypto Exchange! | Fidelity + Charles Schwab + Citadel Investments EDX Markets

763. Banks Launch Crypto Exchange! | Fidelity + Charles Schwab + Citadel Investments EDX Markets
Sep 14, 2022 · 35m 47s

Leading global financial institutions, including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial, have announced the formation of a compliant cryptocurrency exchange, EDX Markets, targeting...

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Leading global financial institutions, including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial, have announced the formation of a compliant cryptocurrency exchange, EDX Markets, targeting United States retail and institutional investors. The consortium entailing broker-dealers, global market makers, and venture capital firms stated that the exchange aims to borrow some practices from the traditional financial markets. The exchange seeks to meet the increasing demand for cryptocurrencies among investors in the U.S.

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