Cryptocurrency Custodian Anchorage Enters into Partnership with EDX Markets

RDX Markets was supported at the start by Citadel Securities, Charles Schwab and Fidelity. Now she is going to enter into cooperation with the Anchorage cryptocurrency custodian. This was reported by Bloomberg.

What is known about the partnership

Sources of the publication report that the site decided not to sign an agreement with Paxos, which was concluded last fall.

Anchorage has already been listed as a partner of the exchange on the official page. A Paxos representative said that during the launch, the crypto exchange was looking towards a non-custodial offer. They welcome what the playground is doing. At the same time, he added that he hopes that the company will be able to support its users with their regulated storage method when banking and brokerage organizations connect to it.

The exchange did not announce the start of work, but it has already begun to conduct it. According to her statement, she uses the standard practices of TradeFi markets. The organization does not store user assets. The platform also makes it possible to trade and conclude deals. It works with cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Bitcoin Cash. There are also pairs with the US dollar. Trading is conducted around the clock. At the same time, the platform works exclusively with brokers.

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