EDX Markets has commenced trading operations, and completed a fresh investment round.
Later this year, the platform plans to launch a clearinghouse to boost its market efficiency.
EDX
Markets, a new digital asset marketplace, has announced the successful
initiation of its trading operations, which is backed by a consortium of major financial
institutions. Among the mentioned companies are several Wall Street giants,
including Charles Schwab, Fidelity Investments, and Citadel Securities.
Additionally, the company
has completed a new funding round that brought additional strategic
investors on board. In a future plan to optimize the market, the platform aims
to introduce a new clearinghouse, EDX Clearing, later this year.
EDX Markets Starts
Operations Supported by Wall Street's Giants
The EDX
Markets platform began trading recently and claims it stands out from the
competition thanks to its liquidity, competitive quotes, and unique
non-custodial model. EDX Markets aims to lessen potential conflicts of
interest. EDX also brought a retail-only quote to the crypto markets, which
resulted in improved pricing for retail-originated orders.
The
platform supports the trading of the most popular digital assets, such as
Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).
Jamil Nazarali, the CEO of EDX
"EDX's
ability to attract new investors and partners in the face of sector headwinds
demonstrates the strength of our platform and the demand for a safe and
compliant cryptocurrency market," Jamil Nazarali, the CEO of EDX,
commented.
"We
are committed to bringing the best of traditional finance to cryptocurrency
markets, with an infrastructure built by market experts to embed key
institutional best practices."
In line
with its launch, the platform closed a new funding round. This round introduced
new strategic investors like DV Crypto, GTS and Miami International Holdings.
These firms joined the original coalition of investors, including Wall Street
giants mentioned before, like Charles Schwab, Citadel Securities, Fidelity
Digital, Sequoia Capital and Virtu Financial.
The funds
acquired will aid in the platform's continued development and reinforcement of
its market leadership.
EDX Markets to Launch EDX
Clearing
A new
development is on the horizon for EDX Markets: the launch of EDX Clearing. This
clearinghouse will settle trades matched on EDX Markets, acting as a central
counterparty.
"Looking
ahead, EDX Clearing will be a major differentiator for EDX – and resolve an
unmet need in the market – by enhancing competition and creating unparalleled
operational efficiency through a single settlement process," Nazarali
added.
The
investment firm BlackRock has decided to venture into cryptocurrencies. Last
week, it proposed establishing its first Bitcoin ETF in the United States. This
new instrument will provide investors with secure and regulated access to the
BTC market if approved.
These moves
come at a time when there is increasing pressure from regulators on digital
asset companies in the United States. The Securities and Exchange Commission
(SEC) has filed lawsuits against the two largest exchanges in the country,
Coinbase and Binance. This has made the crypto landscape more challenging but
also illustrates the growing importance of digital assets in the financial
ecosystem.
EDX
Markets, a new digital asset marketplace, has announced the successful
initiation of its trading operations, which is backed by a consortium of major financial
institutions. Among the mentioned companies are several Wall Street giants,
including Charles Schwab, Fidelity Investments, and Citadel Securities.
Additionally, the company
has completed a new funding round that brought additional strategic
investors on board. In a future plan to optimize the market, the platform aims
to introduce a new clearinghouse, EDX Clearing, later this year.
EDX Markets Starts
Operations Supported by Wall Street's Giants
The EDX
Markets platform began trading recently and claims it stands out from the
competition thanks to its liquidity, competitive quotes, and unique
non-custodial model. EDX Markets aims to lessen potential conflicts of
interest. EDX also brought a retail-only quote to the crypto markets, which
resulted in improved pricing for retail-originated orders.
The
platform supports the trading of the most popular digital assets, such as
Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).
Jamil Nazarali, the CEO of EDX
"EDX's
ability to attract new investors and partners in the face of sector headwinds
demonstrates the strength of our platform and the demand for a safe and
compliant cryptocurrency market," Jamil Nazarali, the CEO of EDX,
commented.
"We
are committed to bringing the best of traditional finance to cryptocurrency
markets, with an infrastructure built by market experts to embed key
institutional best practices."
In line
with its launch, the platform closed a new funding round. This round introduced
new strategic investors like DV Crypto, GTS and Miami International Holdings.
These firms joined the original coalition of investors, including Wall Street
giants mentioned before, like Charles Schwab, Citadel Securities, Fidelity
Digital, Sequoia Capital and Virtu Financial.
The funds
acquired will aid in the platform's continued development and reinforcement of
its market leadership.
EDX Markets to Launch EDX
Clearing
A new
development is on the horizon for EDX Markets: the launch of EDX Clearing. This
clearinghouse will settle trades matched on EDX Markets, acting as a central
counterparty.
"Looking
ahead, EDX Clearing will be a major differentiator for EDX – and resolve an
unmet need in the market – by enhancing competition and creating unparalleled
operational efficiency through a single settlement process," Nazarali
added.
The
investment firm BlackRock has decided to venture into cryptocurrencies. Last
week, it proposed establishing its first Bitcoin ETF in the United States. This
new instrument will provide investors with secure and regulated access to the
BTC market if approved.
These moves
come at a time when there is increasing pressure from regulators on digital
asset companies in the United States. The Securities and Exchange Commission
(SEC) has filed lawsuits against the two largest exchanges in the country,
Coinbase and Binance. This has made the crypto landscape more challenging but
also illustrates the growing importance of digital assets in the financial
ecosystem.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
From Chat to Stock: xStocks Puts Tokenized U.S. Equities Inside TON Wallet on Telegram
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
