In today's ever-changing financial market, the way digital assets are traded is undergoing an unprecedented revolution. Recently, Wall Street giants Citadel, Fidelity and Schwab have joined forces to launch a new exchange, EDX. This move not only refreshes people's perception of digital asset trading, but also brings new vitality to the market. The official launch of EDX marks the in-depth layout of traditional financial institutions in the field of digital assets, which will undoubtedly have a profound impact on the future financial ecology.

First of all, as one of the giants on Wall Street, Citadel's influence in the financial market cannot be underestimated. As a company known for high-frequency trading and quantitative investment, Citadel's participation has brought strong technical support and market trust to the EDX exchange. Through its advanced trading algorithms and deep market experience, Citadel is able to provide users with faster trading speeds and lower trading costs. This technical advantage not only attracts a large number of institutional investors, but also opens a new door to digital asset trading for retail investors.

At the same time, the participation of Fidelity and Schwab has injected more traditional financial wisdom into EDX. As one of the world's largest asset management companies, Fidelity's rich experience in the investment field and its huge customer base have enabled EDX to quickly gain market recognition. Charles Schwab, with its innovative financial services and strong customer support system, provides comprehensive protection for EDX users. The combination of these three companies not only marks the deep integration of traditional finance and digital assets, but also lays a new foundation for the future financial market.

The launch of EDX Exchange is not only a technological innovation, but also a keen insight into market demand. With the popularity of digital assets, more and more investors are beginning to pay attention to this emerging market. However, existing trading platforms often have problems such as inconvenient transactions and high fees, which limit investors' enthusiasm for participation. The launch of EDX is precisely to meet these market needs. By optimizing the transaction process and reducing transaction fees, EDX provides users with a more convenient and efficient trading experience. This move will undoubtedly attract more users to join the ranks of digital asset investment.

In the architectural design of EDX Exchange, security is also a highlight. With the rise of digital assets, security issues have become increasingly prominent, and many investors have doubts about the security of trading platforms. EDX has taken multiple protective measures in terms of security, including the use of advanced encryption technology and the establishment of a sound risk control system. These measures not only effectively protect the security of users' assets, but also enhance users' trust in the platform. It can be said that the launch of EDX provides a safe and reliable environment for the trading of digital assets and dispels investors' concerns.

In addition to technology and security, EDX also focuses on user experience. In order to meet the needs of different types of users, EDX has designed a variety of trading tools and functions to help users better manage assets and make investment decisions. For example, EDX provides real-time market data, intelligent trading strategies and other functions. Users can choose the most suitable trading method according to their investment style and risk preference. This humanized design fully takes into account the diverse needs of users, making EDX stand out in the fiercely competitive market.

With the official launch of EDX, the market response has been enthusiastic and investors have participated enthusiastically. Many industry insiders are optimistic about this and believe that EDX will become an important platform for digital asset trading in the future. Although the digital asset market is still in its early stages of development, with the continuous involvement of traditional financial institutions, the standardization and maturity of the market will be the general trend. And the emergence of EDX came into being under this general background.

For the future, EDX has a promising future. As more and more investors join, EDX will continue to improve its functions and services, and strive to provide users with a better trading experience. At the same time, EDX is also actively exploring cooperation with other financial institutions and plans to launch more innovative financial products to meet the diverse needs of the market.

In this era of booming digital assets, the launch of EDX has undoubtedly injected new vitality into the market. It not only represents the recognition of digital assets by Wall Street giants, but also provides investors with a safe and efficient trading platform. In the future, with the continuous development of the digital asset market, EDX will play an increasingly important role and become an important tool for investors to realize wealth appreciation.

In short, the launch of the EDX exchange is the result of the strong cooperation between Wall Street giants Citadel, Fidelity and Schwab, marking the deep integration of traditional finance and digital assets. This platform not only provides investors with a safe and efficient trading experience, but also lays the foundation for the standardization and maturity of the digital asset market. With the continuous development of the market, EDX will become an important choice for investors to realize wealth appreciation, which is worth our common expectation.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120Btc.com) News: Will the regulator clamp down on cryptocurrencies so that traditional financial giants can easily enter the market? After the US SEC's strong enforcement against Coinbase, traditional financial giants have been making frequent moves. BlackRock applied for a Bitcoin spot ETF, Deutsche Bank registered for custody business, and the exchange EDX supported by Citadel, Fidelity, and Schwab will also be launched this week.

EDX, an exchange supported by Citadel, Fidelity, and Schwab

According to the Wall Street Journal, the new EDX has quietly begun operations in recent weeks and plans to officially announce it on Tuesday. EDX is a company supported by large Wall Street companies such as Citadel
Securities, Fidelity, and Schwab. Citadel
Securities is the largest market maker in the United States, while Citadel and Fidelity are large players in brokerages.

EDX is different from Coin Circle exchanges: it does not hold user assets

EDX is different from other cryptocurrency exchanges such as Coinbase and others. First, it offers cryptocurrencies including Bitcoin, Ether, Litecoin and Bitcoin
Cash, and avoids thousands of crypto tokens that are considered securities by the U.S. Securities and Exchange Commission (SEC). Another difference is that EDX is a non-custodial company that does not directly handle customer funds. Instead, it is just a market where people can buy and sell cryptocurrencies with each other. Similar to the stock market, investors do not go directly to the New York Stock Exchange or Nasdaq, but submit orders through brokers such as Fidelity and Charles Schwab.

Therefore, EDX does not serve individual investors, but those retail brokers.

EDX CEO Jamil Nazarali said that the failure of FTX has promoted the demand for cryptocurrency exchanges, which should be exchanges that do not store user funds and have no inherent conflicts of interest.

Cryptocurrency exchanges require users to store assets in their wallets, creating the risk of loss or misappropriation.

EDX: Trading, custody, and settlement operate independently

Traditional finance demonstrates the orthodox securities market structure. EDX is a "non-custodial" exchange, which means that it does not directly handle customers' digital assets.

EDX only runs a trading market, allowing brokers to execute transactions in tokens and cash, and EDX is responsible for matching. Brokers will then settle the transactions.

EDX also plans to launch a clearing house later this year.