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EDX Markets, backed by Citadel, teams up with BitGo to boost crypto game!

EDX Markets, backed by Citadel, teams up with BitGo to boost crypto game!

Date: 2025-04-09 17:01:53 | By Eleanor Finch

Boom! EDX Markets and BitGo Join Forces to Supercharge Institutional Crypto Adoption

Hang onto your hats, crypto fans! EDX Markets, the powerhouse exchange backed by heavyweights Citadel Securities, Charles Schwab, and Fidelity, just dropped a bombshell. They've teamed up with digital asset infrastructure giant BitGo to turbocharge the way institutions dive into the crypto world.

This dynamic duo is set to shake things up by integrating BitGo's lightning-fast Go Network into EDX's system. We're talking instant settlement of digital assets and fiat, folks! Plus, EDX is tapping into BitGo's top-notch custody platform, letting clients trade and settle like pros while keeping their exposure to the exchange on lockdown.

But wait, there's more! BitGo Prime is now a member of EDX Markets, meaning BitGo's liquidity pool just got a massive boost from EDX's deep pockets.

The secret sauce behind this partnership? Rock-solid infrastructure and regulatory compliance, baby! These firms are all about bringing digital assets to the big boys of traditional finance, cutting through the red tape that's been holding them back.

Tony Acuña-Rohter, the big boss at EDX Markets, is fired up about this game-changer. He says, "By integrating BitGo's qualified custody infrastructure into our clearing and settlement framework, we're tackling the need for ironclad mitigation structures head-on. This is a huge step towards our mission of creating a secure and efficient trading environment that'll have institutional players lining up at our door."

Mike Belshe, the mastermind behind BitGo, is just as stoked. He adds, "As the digital asset industry keeps leveling up, partnerships like ours are the bridge between TradFi and crypto. We're driving more participation and setting the stage for long-term growth in this wild world."

BitGo's been on a roll lately, inking deals left and right and rolling out new products like a global over-the-counter trading desk and off-exchange settlement on Deribit. They've even joined forces with custody provider Copper to make it happen.

But BitGo's not just about custody, oh no. They're offering a whole suite of digital asset solutions, from staking and trading to wallet services, digital asset financing, and crypto settlement. These guys are the real deal!

And get this - BitGo just announced a killer partnership with New York-based investment platform Republic. They're on a mission to democratize access to alternative investments, bringing products that were once only for the big shots to everyday folks like you and me.

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