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 HOBOKEN, N.J.–(BUSINESS WIRE)–Institutional crypto exchange <a target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fedxmarkets.com&amp;esheet=53542437&amp;newsitemid=20230822868282&amp;lan=en-US&amp;anchor=EDX+Markets&amp;index=1&amp;md5=82ca9148bebb418cbb04a57407ccedb9" rel="noopener noreferrer nofollow" shape="rect">EDX Markets</a> (EDX) has selected <a target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.anchorage.com&amp;esheet=53542437&amp;newsitemid=20230822868282&amp;lan=en-US&amp;anchor=Anchorage+Digital&amp;index=2&amp;md5=7d2d87e435d86df3c709dbd6c4e56695" rel="noopener noreferrer nofollow" shape="rect">Anchorage Digital</a>, a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions, to serve as the custody provider for EDX’s clearinghouse business (EDX Clearing) when it launches later this year. Anchorage Digital will provide safe, secure and regulated infrastructure for EDX to break new ground in bringing market structure standards from traditional finance to the digital asset ecosystem. 
 <a href="https://mms.businesswire.com/media/20230822868282/en/1871640/5/EDXM_Logo.jpg" target="_blank" rel="noopener noreferrer nofollow"><img decoding="async" src="https://thenewscrypto.com/wp-content/uploads/2023/08/EDXM_Logo-2.jpg"></a> <a href="https://mms.businesswire.com/media/20230822868282/en/1871640/5/EDXM_Logo.jpg" target="_blank" rel="noopener noreferrer nofollow"><img decoding="async" src="https://thenewscrypto.com/wp-content/uploads/2023/08/EDXM_Logo-3.jpg"></a> 
 Jamil Nazarali, CEO of EDX, stated, “EDX is committed to bringing the best traditional finance market structures to the digital asset ecosystem, and this is the latest step in our journey to promote a safer crypto marketplace. Anchorage Digital has a robust security, governance, risk and compliance framework, which will provide a best-in-class solution to meet the needs of our institutional client base. As the only federally chartered crypto bank in the US, Anchorage Digital Bank is the ideal partner to support EDX’s build of a robust and compliant clearinghouse business.” 
 “Drawing from the blueprint of traditional finance will be critical to unlocking the next phase of institutional crypto,” said Diogo Mónica, Co-Founder and President of Anchorage Digital. “Anchorage Digital has proven that separating custody and exchange functions for institutions isn’t just possible, it’s essential. We are proud to provide custody infrastructure for forward-looking players like EDX Clearing as part of our continued efforts to advance a safer crypto market structure.” 
 EDX launched trading in June 2023 and is backed by a consortium of major financial institutions, including Citadel Securities, Fidelity Digital Assets, Virtu Financial, Charles Schwab, Sequoia, Paradigm and others. 
 EDX Clearing will settle trades matched on EDX, providing a single settlement process to increase capital and operational efficiency. EDX Clearing will provide clearing services to EDX exchange members using Anchorage Digital Bank for custody of traded assets. By leveraging <a target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.anchorage.com%2Fmarketing%2FFinding-End-to-End-Security-in-Crypto-Custody.pdf&amp;esheet=53542437&amp;newsitemid=20230822868282&amp;lan=en-US&amp;anchor=secure-by-design+custody&amp;index=3&amp;md5=5cb21d3a93bafe3fb69f00431d16f7b5" rel="noopener noreferrer nofollow" shape="rect">secure-by-design custody</a> infrastructure from Anchorage Digital, EDX Clearing will give institutions peace-of-mind when trading on EDX. 
 Interested in learning more about safe and secure custody infrastructure offered by Anchorage Digital? Get in touch <a target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.anchorage.com%2Fget-started&amp;esheet=53542437&amp;newsitemid=20230822868282&amp;lan=en-US&amp;anchor=here&amp;index=4&amp;md5=7d465705ba13d291e2023b615a492164" rel="noopener noreferrer nofollow" shape="rect">here</a>. 
 About Anchorage Digital 
 Anchorage Digital is a regulated crypto platform that provides institutions with integrated financial services and infrastructure solutions. With the only federally chartered crypto bank in the US, as well as Anchorage Digital Singapore, which offers equivalent security and service standards, Anchorage Digital delivers an unparalleled combination of secure custody, regulatory compliance, and platform capabilities. The company is funded by leading institutions including Andreessen Horowitz, GIC—Singapore’s sovereign wealth fund, Goldman Sachs, KKR, and Visa, with its most recent Series D valuation over $3 billion. Founded in 2017, Anchorage Digital is headquartered in San Francisco, California with offices in New York, New York; Porto, Portugal; Singapore; and Sioux Falls, South Dakota. Learn more at <a target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fprotect2.fireeye.com%2Fv1%2Furl%3Fk%3D8e64b975-d1ff8047-8e60f075-8697e44c76c2-52f205701a1cda4d%26q%3D1%26e%3D563f3420-19cd-497f-8f2c-869c0e35891e%26u%3Dhttps%253A%252F%252Fwww.anchorage.com%252F&amp;esheet=53542437&amp;newsitemid=20230822868282&amp;lan=en-US&amp;anchor=anchorage.com&amp;index=5&amp;md5=4b35b25b0327891e561dca3c9037362f" rel="noopener noreferrer nofollow" shape="rect">anchorage.com</a>, on Twitter <a target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fprotect2.fireeye.com%2Fv1%2Furl%3Fk%3Df8056449-a79e5d7b-f8012d49-8697e44c76c2-10cdc313f0e8a5cc%26q%3D1%26e%3D563f3420-19cd-497f-8f2c-869c0e35891e%26u%3Dhttps%253A%252F%252Ftwitter.com%252FAnchorage&amp;esheet=53542437&amp;newsitemid=20230822868282&amp;lan=en-US&amp;anchor=%40Anchorage&amp;index=6&amp;md5=f6d0d2cf2d69e467a7b83423249dcef0" rel="noopener noreferrer nofollow" shape="rect">@Anchorage</a>, and on <a target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fanchorage%2Fmycompany%2Fverification%2F%3FviewAsMember%3Dtrue&amp;esheet=53542437&amp;newsitemid=20230822868282&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=7&amp;md5=6a5604569d564313fb85331443780351" rel="noopener noreferrer nofollow" shape="rect">LinkedIn</a>. 
 About EDX 
 EDX is a new digital asset marketplace designed to meet the needs of both crypto native firms and the world’s largest financial institutions. EDX will enable safer, faster and more efficient trading of digital assets, leveraging best practices from traditional financial markets on a purpose-built crypto platform. For more information, please visit <a target="_blank" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2FEDXMarkets.com&amp;esheet=53542437&amp;newsitemid=20230822868282&amp;lan=en-US&amp;anchor=EDXMarkets.com&amp;index=8&amp;md5=bd457ef386c353bb52affd9cde0b88c5" rel="noopener noreferrer nofollow" shape="rect">EDXMarkets.com</a>. 
 This post is intended for informational purposes only. It is not to be construed as and does not constitute an offer to sell or a solicitation of an offer to purchase any securities in Anchor Labs, Inc., or any of its subsidiaries, and should not be relied upon to make any investment decisions. Furthermore, nothing within this announcement is intended to provide tax, legal, or investment advice and its contents should not be construed as a recommendation to buy, sell, or hold any security or digital asset or to engage in any transaction therein. 
 Contacts 
 Anchorage Digital <a target="_blank" href="mailto:press@anchorage.com" rel="noopener noreferrer nofollow" shape="rect">press@anchorage.com</a> 
 EDX Markets <a target="_blank" href="mailto:press@edxmarkets.com" rel="noopener noreferrer nofollow" shape="rect">press@edxmarkets.com</a> 
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EDX Markets Selects Anchorage Digital as Custody Provider for New Clearinghouse Business

TheNewsCrypto

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