Wall Street’s EDX crypto exchange hits $36B trading volume in 2024
According to EDX Markets, its average daily volume rose by 59% over the third quarter of 2024.
Crypto exchange EDX Markets has seen trading activity take off on its platform in 2024, reporting over $36 billion in volume since January from institutional clients.
According to the exchange, its average daily volume rose by 59% over the third quarter of this year. EDX’s proprietary matching engine is said to have processed more than 2 million trades and over 2.6 billion orders in October.
Founded in 2022, the company is backed by many top Wall Street firms, including Charles Schwab, Citadel Securities, Fidelity Digital Assets and Sequoia Capital.
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Author: Ana Paula Pereira
