Charles Schwab, Citadel Securities, and Fidelity plan to launch a cryptocurrency exchange

Chain Catcher news, financial giants Charles Schwab, Citadel Securities, Fidelity Digital Asset, Paradigm, Sequoia Capital, and Virtu Financial plan to launch the cryptocurrency exchange EDX Markets. The exchange aims to enable a high-liquidity cryptocurrency ecosystem to aggregate liquidity from multiple market makers to reduce spreads and enhance transparency.

It is reported that EDX Markets will be led by CEO Jamil Nazarali, CTO Tony Acuña-Rohter, and General Counsel David Forman. (Source link)