EDX Markets, a cryptocurrency exchange backed by industry giants Citadel Securities, Charles Schwab, and Fidelity, has entered into a strategic partnership with digital asset infrastructure provider BitGo. This collaboration aims to accelerate the adoption of cryptocurrencies by institutional investors. 🤝
Through this integration, EDX Markets will leverage BitGo’s Go Network for instant settlement of digital assets and fiat currency. Additionally, clients can trade and settle using EDX’s deep liquidity while benefiting from BitGo’s secure custody platform to mitigate exposure.
This partnership aligns with the firms’ focus on delivering robust infrastructure and regulatory compliance in a rapidly growing industry.
In an exclusive statement, Tony Acuña-Rohter, CEO of EDX Markets, emphasized: ‘By integrating BitGo’s qualified custody infrastructure into our clearing and settlement framework, we are addressing the need for robust mitigation structures. This will further advance our mission of creating a secure and efficient trading environment that attracts more institutional participants.’
Mike Belshe, co-founder and CEO of BitGo, added: ‘As the digital asset industry matures, partnerships like ours bridge the gap between TradFi and crypto, driving increased participation and long-term growth in this space.’
BitGo has been busy forging key partnerships and expanding its services. Recent achievements include a global over-the-counter trading desk launch, an off-exchange settlement on Deribit with Copper, and new product launches focused on staking, digital asset financing, and crypto settlement.
Furthermore, BitGo recently secured a strategic partnership with Republic, a New York-based investment platform, to democratize access to alternative investments for individuals.