The exchange, which is backed by several Wall Street firms, differs from its peers because it doesn’t hold customers’ digital assets.
set to launch later this year, the company said Tuesday.
The clearinghouse will help settle trades matched on EDX. Anchorage is the only federally chartered crypto bank in the U.S., making it the “ideal partner," EDX CEO Jamil Nazarali said in a statement. EDX differs from other crypto exchanges in that it doesn’t hold customers’ assets and instead, users have to go through financial intermediaries to buy and sell crypto assets, which is why the partnership is crucial for the exchange.
“Drawing from the blueprint of traditional finance will be critical to unlocking the next phase of institutional crypto,” said Diogo Monica, co-founder and president of Anchorage Digital. “Anchorage Digital has proven that separating custody and exchange functions for institutions isn’t just possible, it’s essential.”with backing from investors such as Fidelity, Schwab, Paradigm, Sequoia Capital and Citadel.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Fidelity-backed EDX selects Anchorage Digital for clearinghouse custodyInstitutional crypto exchange EDX Markets selected Anchorage Digital to provide custody solutions for its upcoming clearinghouse business.
続きを読む »
Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud ConcernsExisting customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close trading positions.
続きを読む »
Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their TollThe number of employees cut is 71 out of approximately 590.
続きを読む »
Crypto amplified financial risks in emerging markets: BIS papersCryptocurrencies like Bitcoin hold out the “illusory appeal” of being a solution for financial challenges in emerging markets, the Consultative Group of Directors of Financial Stability believes.
続きを読む »
Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to CoinbaseVitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday.
続きを読む »
Coinbase sees lukewarm demand for debt buyback, raises offerThe crypto exchange raised the offer after not seeing enough demand for buybacks.
続きを読む »