EDX Markets: Comprehensive Company Research Report
Company Overview
- Name: EDX Markets
- Mission of the Company: To be the most competitive, transparent, trusted, and efficient digital asset market.
- Founded: Launched in 2022.
- Founders: Backed by a consortium of prominent Wall Street firms.
- Key People:
- Tony Acuña-Rohter, Chief Executive Officer
- David Forman, General Counsel
- Jeanine Hightower-Sellitto, Chief Commercial and Strategy Officer
- Nataliya Manina, Chief Compliance Officer
- Jimmy McLaughlin, Senior Vice President of Corporate Development
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue of the Company: No information is available
- What the Company is Known For: EDX Markets is known for transforming institutional crypto trading by creating secure and efficient digital asset marketplaces based on the best practices of traditional finance.
Products
- EDX Markets
- An institution-only spot venue delivering unmatched cryptocurrency trading experiences with centralized clearing.
- EDXM Global
- A Singapore-based perpetual futures venue that incorporates high standards of competition, transparency, and safety for worldwide crypto trading.
Recent Developments
- New Appointments and Leadership Changes:
- As of December 2, 2024, Jamil Nazarali was appointed Executive Chair and Tony Acuña-Rohter assumed the role of CEO.
- Technology and Platform Enhancements:
- On December 10, 2024, EDX Markets deployed Eventus’ Validus platform for enhanced trade surveillance on its Institutional Digital Assets Marketplace.
- On November 13, 2024, EDX Markets reported record trading volumes, unveiled a new matching engine, and introduced SHIB and DOGE crypto assets to their offerings.
- Partnerships:
- October 15, 2024: EDX Markets partnered with Adaptive to deliver a proprietary institutional cloud-native clearing and settlement platform.
- October 17, 2024: Elwood Connects to EDX Markets providing clients access to additional digital asset liquidity.
- Geographic and Product Expansion:
- On May 5, 2024, EDX Markets launched EDXM Global, enhancing its presence in Singapore.
- September 16, 2024, marked the announcement of EDXM Global, a new perpetual futures trading venue based in Singapore.
Additional Information
- Backers and Investors: EDX Markets is backed by several top-tier financial firms, including well-known trading firms, liquidity providers, and venture capital firms. This backing emphasizes its credibility and potential for growth in the digital asset market.
- Market Position: EDX positions itself as a trusted, liquid, and efficient cryptocurrency trading experience provider, distinctively catering to institutional clients while integrating security and the rich legacy of traditional finance in digital asset dealings.
This report delivers a detailed examination of EDX Markets based on the available data, elucidating its strategic maneuvers, leadership setup, and technological edge in the institutional crypto market context.
