EDXM was created as a fully independent entity backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, and others.
A group of leading venture capital firms and broker-dealers announced the creation of the cryptocurrency platform – EDX Markets .
with retail brokerage firms Fidelity Investment and Charles Schwab to introduce a cryptocurrency exchange that is “efficient, transparent, and secure, with agreed-upon standards and best practices.”, their idea came to fruition with the launch of EDX Markets , which allows users to buy and sell cryptocurrencies through trusted intermediaries. MEMX will provide the technology infrastructure for the newly-introduced exchange.
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