EDX Crypto Exchange Launches with Major Wall Street Backers.

EDX Markets, a non-custodial cryptocurrency exchange backed by Charles Schwab and Fidelity, has launched trading for bitcoin, ether, litecoin, and bitcoin cash. The exchange plans to launch a clearinghouse later this year to help customers settle trades. EDX has also attracted new investors, including Miami International Holdings and affiliates of proprietary trading firms DV Trading, GTS, GSR, and Hudson River Trading. By positioning itself as a non-custodial exchange, EDX aims to cater to the needs of major financial institutions seeking crypto exposure but harboring reservations about centralized crypto service providers.