EDX Markets
| Company type | Private |
|---|---|
| Industry | Cryptocurrency exchange |
| Founded | 2022 |
| Headquarters | New Jersey , United States |
Key people | Jamil Nazarali (CEO) |
| Products | Cryptocurrency trading (Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, Shiba Inu) |
EDX Markets is a cryptocurrency exchange designed for institutional investors, supported by prominent firms such as Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation, Virtu Financial, and Sequoia Capital. At its inception, the platform facilitated trading in major cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. By November 2024, it broadened its offerings to incorporate memecoins like Dogecoin and Shiba Inu.
The exchange operates under a non-custodial framework, which means it does not retain custody of users' digital assets. Trading activities on EDX Markets began in June 2023.
Leading the company as CEO is Jamil Nazarali, who previously held the position of global head of business development at Citadel Securities.
History
Established in 2022, EDX Markets introduced EDX Clearing in 2023, a centralized clearinghouse that strengthens the platform’s capability to securely process digital asset transactions.
Funding
In January 2024, the company secured a series B investment round led by Pantera Capital and Sequoia Capital, with the financial details remaining confidential. This funding aims to support EDX’s plans for expanding its cryptocurrency exchange services internationally beyond the United States.