Crypto Exchange Backed by Fidelity and Citadel Securities Starts Operations in US
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EDX Markets is planning to start operations in the US.
Fidelity Investments, Citadel Securities, and Charles Schwab.
crypto exchange won’t directly serve individual customers or handle customers’ digital assets.
However, a week after, the world’s largest asset manager BlackRock filed for a spot Bitcoin ETF dubbed the iShares Bitcoin Trust. Interestingly, BlackRock has chosen Coinbase as its custodial partner despite the SEC lawsuit.
It’s an important step in bringing together traditional finance and blockchain technology.
This reflects a larger trend of merging the traditional finance industry with the world of cryptocurrencies.
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