Digital Asset Exchange EDX Markets Launches with Backing from Companies Including Citadel Securities, Paradigm and Sequoia Capital

A consortium of companies including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu Financial announced the launch of digital asset exchange EDX Markets (EDXM). EDXM will enable a highly liquid cryptocurrency ecosystem that aggregates liquidity from multiple market makers to reduce spreads and improve transparency. Market operator MEMX will provide the technology infrastructure for EDXM.