Institutional-grade cryptocurrency exchange EDX Markets announced that its cumulative nominal trading volume reached 36 billion USD in 2024, with an average daily trading volume growth of 59% in Q3. EDX Markets only trades BTC, ETH, and LTC, and has recently added support for SHIB and DOGE. The company operates a central clearinghouse and recently upgraded its matching engine for ultra-low latency. EDX's founding investors include Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial.

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Odaily Planet Daily reports that institutional-grade cryptocurrency exchange EDX Markets announced a cumulative nominal trading volume of $36 billion for 2024, with a single-day trading volume reaching a historic record of $685 million this week, and a 59% increase in average daily trading volume in Q3.

It is reported that EDX Markets only trades BTC, ETH, and LTC, and has recently added support for SHIB and DOGE.

As an institutional trading venue, the company operates a central clearinghouse and has recently upgraded its internally developed matching engine to achieve ultra-low latency.

Founding investors of EDX include Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial. (Ledger Insights)

Charles Schwab and others support EDX Markets, with trading volume reaching $36 billion this year and a 59% increase in average daily trading volume in Q3.