Financial heavyweights Charles Schwab (SCHW), Citadel Securities, and Fidelity Investments (FNF), and others announced the start of crypto exchange EDX Markets, according to a press release on Tuesday.
EDX Markets will be lead by CEO Jamil Nazarali, CTO Tony Acuña-Rohter and general counsel David Forman.
The new exchange is part of a growing trend of traditional finance companies getting more and more involved with crypto.