Announced
Completed
Financials
Tags
United States
FinTech
Venture Capital
Minority
Private
Private Equity
Completed
Friendly
Single Bidder
cryptocurrency exchange
Acquisition
Cross Border
Synopsis
A group of investors, including Miami International Holdings, DV Crypto, GTS, GSR Markets LTD, and HRT Technology, led a funding round in EDX Markets, an institutional cryptocurrency exchange. Financial terms were not disclosed. “EDX’s ability to attract new investors and partners in the face of sector headwinds demonstrates the strength of our platform and the demand for a safe and compliant cryptocurrency market. We are committed to bringing the best of traditional finance to cryptocurrency markets, with an infrastructure built by market experts to embed key institutional best practices. With the endorsement of our new and growing list of investors and customers, we’re proud to launch trading and look forward to further enhancements to our offering. Looking ahead, EDX Clearing will be a major differentiator for EDX -- and resolve an unmet need in the market – by enhancing competition and creating unparalleled operational efficiency through a single settlement process,” Jamil Nazarali, EDX CEO.
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