According to PANews, EDX Markets, a cryptocurrency exchange dedicated to institutional clients, has announced a leadership transition. Tony Acuña-Rohter, who has been serving as the Chief Technology Officer (CTO) since 2022, has been appointed as the new Chief Executive Officer (CEO). Meanwhile, the founder and former CEO, Jamil Nazarali, will take on the role of Executive Chairman. Acuña-Rohter has been instrumental in leading the technology and information security efforts at EDX, having previously held the position of CTO at ErisX.
EDX Markets, backed by major Wall Street firms such as Fidelity, Charles Schwab, and Citadel Securities, commenced operations in June 2023. The platform has achieved a trading volume exceeding $36 billion this year. Operating on a non-custodial model, EDX emphasizes the integration of institutional-grade trading and clearing services. It offers trading in six different cryptocurrencies, including Bitcoin and Ethereum. The exchange aims to provide a secure and efficient trading environment for institutional investors.