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EDX Markets officially launched and completed a new round of financing, with participation from Miami International Holdings and DV Crypto.

BlockBeats news, on June 20th, EDX Markets (EDX) announced the successful launch of its digital asset market and completed a round of investment with new equity partners including Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, and HRT Technology. The new funding will support EDX in continuing to develop its trading platform and consolidate its market leadership position. Later this year, EDX will launch EDX Clearing to settle trades matched on EDX Markets. As previously reported by BlockBeats, the new cryptocurrency trading platform EDX Markets, supported by Citadel Securities, Fidelity Investments, and Charles Schwab, has begun executing trades in recent weeks and is expected to be announced live later on Tuesday. EDX Markets is a non-custodial trading platform that does not directly handle clients' digital assets or directly serve individual investors. EDX Markets has stated that it will offer four cryptocurrency trades, including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash (these assets have not been recognized by the US Securities and Exchange Commission as securities).
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How does EDX avoid the regulatory pitfalls encountered by Binance and Coinbase?
Unlike "user-friendly" cryptocurrency exchanges such as Binance and Coinbase, EEDX Markets does not directly provide services to individual investors and does not have a terminal trading app.
On one hand, regulators are tightening their grip, while on the other hand, Wall Street is pushing out the native crypto army and attacking crypto exchanges, putting unprecedented pressure on the native crypto industry.
In the latest round of financing, EDX Markets has attracted a group of strategic investors from the financial trading industry, including Miami International Holdings (MIH), DV Crypto, GTS, GSR Markets LTD, and HRT Technology.
EDX Markets is an attempt by the new players on Wall Street to replicate the traditional financial market architecture in the world of cryptocurrency.
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