Key Takeaways
According to BlockchainReporter, EDX Markets integrated Fireblocks Network Link to streamline institutional asset transfers.
According to BlockchainReporter, EDX Markets and Fireblocks announced on September 9 the integration of Fireblocks Network Link to facilitate asset movement and management for clients. The collaboration allows Fireblocks customers to connect directly with EDX using existing workflows to transfer assets, allocate funds across accounts, and rebalance liquidity.
EDX Markets features an institution-only digital asset trading venue with a central clearinghouse. According to BlockchainReporter, the integration eliminates the need for separate workflows across individual venues, addressing fragmentation across liquidity pools, geographies, products, and operating models.
Tony Acuña-Rohter, chief executive of EDX Markets, stated that institutional adoption requires infrastructure supporting the speed and efficiency standards of global financial markets. The integration enables clients to move capital into and out of EDX using current workflows, while EDX separates trading from clearing to minimize risk for members. Additionally, the collaboration allows clients to fund accounts and rebalance liquidity while maintaining control over their digital assets.
Source & Fact-Check Note
This report is synthesized from coverage by BlockchainReporter. Information has been fact-checked and structured for market clarity by CoinQuickly’s research desk.
Read original article at BlockchainReporter ↗
