EDX Crypto Exchange Shifts Custodian Amidst New Developments

Trillion-dollar companies anticipating a surge in demand for cryptocurrencies in the coming months/years are taking various steps. From ETF applications and crypto custody service licenses to even concrete steps towards establishing a crypto exchange for corporations, the moves are being made. EDX Markets, the first exchange initiated by these trillion-dollar giants, took a significant step. EDX Market’s Latest Launched a week ago with the support of traditional finance heavyweights such as Citadel Securities, Fidelity Digital Assets, and Charles Schwab, the crypto exchange EDX is reportedly preparing to change its custody providers, leaving Paxos Trust in favor of Anchorage Digital. EDX operates on a business model designed to eliminate conflicts of interest, and it does not provide custody services. The platform supports trading in four cryptocurrencies: Bitcoin, ETH, LTC, and BCH. As of the writing of this article, BCH has risen by 70.43% over the past week since EDX became operational […] The post EDX Crypto Exchange Shifts Custodian Amidst New Developments appeared first on COINTURK NEWS.