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A new crypto exchange backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab Corp. said it’s gone live, a move that could reshape the A new cryptocurrency exchange backed by Citadel Securities, Fidelity Investments and Charles Schwab SCHW 1.09% is seeking business from brokers and The launch comes at a time when a lot of heat is ramping up for the crypto industry as regulators like the U.S. Securities and Exchange Commission crack down on major EDX Markets, a new cryptocurrency exchange backed by Citadel Securities, Fidelity Investments and Charles Schwab, has quietly entered the market, aiming to attract EDX Markets-backed by market leaders including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial silently The support and backing of Citadel Securities, Fidelity Investments, and Charles Schwab demonstrate their ongoing interest in the crypto market. This is despite

Citadel Securities, Fidelity Backed Crypto Exchange Makes Slow Start: Is EDX Markets Gaining Traction?

A new cryptocurrency exchange backed by Citadel Securities, Fidelity Investments and Charles Schwab (SCHW 1.09%) is seeking business from brokers and institutions, aiming to reshape the landscape of digital asset trading. EDX Markets, a new cryptocurrency exchange backed by Citadel Securities, Fidelity Investments and Charles Schwab, has quietly entered the market, aiming to attract institutional investors. But is the launch of this Citadel Securities, Fidelity backed crypto exchange off to a slow start?

A new crypto exchange backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab Corp. said it’s gone live, a move that could reshape the industry. EDX Markets-backed by market leaders including Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial silently launched, hoping to offer a more compliant and cost-effective alternative to existing crypto exchanges.

The launch comes at a time when a lot of heat is ramping up for the crypto industry as regulators like the U.S. Securities and Exchange Commission crack down on major players. This regulatory scrutiny makes the backing of Citadel Securities, Fidelity Investments, and Charles Schwab all the more significant. The support and backing of Citadel Securities, Fidelity Investments, and Charles Schwab demonstrate their ongoing interest in the crypto market. This is despite the current challenges and uncertainties within the industry.

Initial reports suggest that the Citadel Securities, Fidelity backed crypto exchange, EDX Markets, has seen a relatively slow start in terms of trading volume and overall market impact. While details remain limited due to the quiet launch, industry experts are closely watching to see if EDX Markets can gain significant traction and become a major player in the institutional crypto space. Will EDX Markets, with its robust backing, overcome the initial hurdles and establish itself as a leading crypto exchange?

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