Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades via its “noncustodial” service in recent weeks
EDX Markets won't directly handle customers' digital assets or directly serve individual investors
First they blow up FTX, then make sure Binance can no longer operate in the country, slowly but surely buy Coinbase and start dictating how crypto will be run in the country. I'm still not sure if I like it, inevitable anyway. The Blackrocks/Fidelities/JPM's aka the US elites.
“EDX will offer trading in four cryptocurrencies: bitcoin, ether, litecoin and bitcoin cash.” Amazing how litecoin and bitcoin cash are still managing to squirm their way into every TradFi related crypto offering (funds, trusts, indices, etc) in the year 2023. https://twitter.com…
There it is. Crypto Exchange EDX Markets Backed by Citadel Securities, Fidelity, Schwab Starts Operations Drown the crypto native exchanges in lawsuits, generate fear around them, and then let the TardFi vultures swoop in. https://www.wsj.com/... https://twitter.com/...
Honestly, CeFi has an abysmal track record. So I'm happy for professionals to step into the side of the space that will always be centralized anyways. https://www.wsj.com/...