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About EDX Markets
EDX Markets is a private institutional cryptocurrency exchange based in Hoboken, New Jersey, founded in 2022. The company is backed by prominent financial institutions, including Citadel Securities, Fidelity Digital Assets, and Charles Schwab Corporation. EDX Markets focuses on providing advanced solutions for digital asset trading, combining practices from traditional finance to create a secure and efficient trading platform.
The exchange offers a platform for trading and settling digital assets, initially supporting Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, with additional support for Dogecoin and Shiba Inu introduced in November 2024. EDX operates on a non-custodial model, enhancing security for users by not holding their digital assets. In 2023, EDX Markets launched EDX Clearing, a central clearinghouse designed to streamline and secure the trading process.
Led by CEO Jamil Nazarali, EDX Markets targets institutional clients, including crypto-native firms and large financial institutions. The company completed a Series B funding round in January 2024, aimed at supporting its expansion beyond the U.S. market.
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