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EDX Markets, an institutional-only exchange announced in September 2022, will offer trading in four cryptocurrencies: Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Unlike existing crypto platforms such as Coinbase and Binance, it offers a “non-custodial” model, meaning that it doesn’t hold clients’ digital assets during trading.
“We believe crypto is here to stay, but for it to evolve as an asset class it needs to adopt the rules and investor protections that exist in traditional finance,” Nazarali said in an interview. “The message we’ve got from our investors is that this creates an even bigger space for us.”
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