#exchanges #competition #institutional
Digital Asset Exchange #EDX Markets Launches with Backing from Leading Broker-Dealers, Global Market Makers and Venture Capital Firms
EDXM operates as a fully independent entity backed by financial industry leaders including Charles Schwab, Citadel Securities, Fidelity Digital Assets℠, Paradigm, Sequoia Capital and Virtu Financial. Additional market participants are expected to partner with EDXM over time.
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Before:
Fidelity Weighs Bitcoin Trading on Brokerage Platform. The firm has more than 34 million brokerage accounts
* Charles Schwab Corporation - $8.14 trillion AUM
* Fidelity - $4.5 trillion AUM
* Citadel Securities - is a leading global market maker. Robinhood's main revenue from Citadel.
Before:
1. Citadel Securities Announces $1.15 Billion Investment from Sequoia and Paradigm;
2. Citadel took a loss on a short squeeze in GME stock by WSB. Robinhood then stopped trading the stock.
• EDXMarkets • Press release
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🪆Перевод
Digital Asset Exchange #EDX Markets Launches with Backing from Leading Broker-Dealers, Global Market Makers and Venture Capital Firms
EDXM operates as a fully independent entity backed by financial industry leaders including Charles Schwab, Citadel Securities, Fidelity Digital Assets℠, Paradigm, Sequoia Capital and Virtu Financial. Additional market participants are expected to partner with EDXM over time.
——
Before:
Fidelity Weighs Bitcoin Trading on Brokerage Platform. The firm has more than 34 million brokerage accounts
* Charles Schwab Corporation - $8.14 trillion AUM
* Fidelity - $4.5 trillion AUM
* Citadel Securities - is a leading global market maker. Robinhood's main revenue from Citadel.
Before:
1. Citadel Securities Announces $1.15 Billion Investment from Sequoia and Paradigm;
2. Citadel took a loss on a short squeeze in GME stock by WSB. Robinhood then stopped trading the stock.
• EDXMarkets • Press release
——
🪆Перевод
Newsmaker.сlub
#exchanges #competition #institutional Digital Asset Exchange #EDX Markets Launches with Backing from Leading Broker-Dealers, Global Market Makers and Venture Capital Firms EDXM operates as a fully independent entity backed by financial industry leaders…
#Citadel #earnings
Citadel Securities Revenue Jumps to $1.8 Billion on Volatility
Citadel Securities third-quarter revenue rose more than 8% as the privately held market-making firm seeks to grab more of Wall Street’s trading business.
The firm run by CEO Peng Zhao generated $1.8 billion in the period, up from $1.66 billion a year earlier. The figure has exceeded $1 billion for 15 straight quarters, the people said, asking not to be identified disclosing private information.
Founded by billionaire Ken Griffin, Citadel Securities matches buyers and sellers in the equity and fixed-income markets. It generated about $7.5 billion in revenue last year, using algorithms to capture and profit from tiny differences in prices. The firm serves asset managers, banks, broker-dealers, hedge funds, government agencies and public pension programs.
——
Also:
→ Jan, 2022 - Citadel Securities Announces $1.15 Billion Investment From #Sequoia And #Paradigm
→ May, 2022 - BlackRock And Citadel Deny Trading Cratering Stablecoin #UST [#LUNA]
→ Jun, 2023 - Crypto Exchange #EDX Backed by Fidelity, Schwab and Citadel Launches With Additional Investors
• Revenue | Jan • May • Jun
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🪆Перевод
Citadel Securities Revenue Jumps to $1.8 Billion on Volatility
Citadel Securities third-quarter revenue rose more than 8% as the privately held market-making firm seeks to grab more of Wall Street’s trading business.
The firm run by CEO Peng Zhao generated $1.8 billion in the period, up from $1.66 billion a year earlier. The figure has exceeded $1 billion for 15 straight quarters, the people said, asking not to be identified disclosing private information.
Founded by billionaire Ken Griffin, Citadel Securities matches buyers and sellers in the equity and fixed-income markets. It generated about $7.5 billion in revenue last year, using algorithms to capture and profit from tiny differences in prices. The firm serves asset managers, banks, broker-dealers, hedge funds, government agencies and public pension programs.
——
Also:
→ Jan, 2022 - Citadel Securities Announces $1.15 Billion Investment From #Sequoia And #Paradigm
→ May, 2022 - BlackRock And Citadel Deny Trading Cratering Stablecoin #UST [#LUNA]
→ Jun, 2023 - Crypto Exchange #EDX Backed by Fidelity, Schwab and Citadel Launches With Additional Investors
• Revenue | Jan • May • Jun
——
🪆Перевод
#EDX #exchanges
EDX Plans #Asia Crypto Exchange With Funding From #Sequoia and #Pantera Capital
Firm to open Singapore exchange after getting fresh financing
Bitcoin ETF approval draws new institutional-investor interest
*EDX Markets, the crypto-trading venue backed by Citadel Securities and Fidelity Digital Assets
——
Also:
Ethereum Layer 2 developer #Polymer Labs raises $23 million in Series A funding
Polymer Labs has raised $23 million in Series A funding from Blockchain Capital, Coinbase Ventures and others.
Polymer is building an Ethereum Layer 2 network to provide interoperability-as-a-service.
• BBG | Polymer
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🪆Перевод
EDX Plans #Asia Crypto Exchange With Funding From #Sequoia and #Pantera Capital
Firm to open Singapore exchange after getting fresh financing
Bitcoin ETF approval draws new institutional-investor interest
*EDX Markets, the crypto-trading venue backed by Citadel Securities and Fidelity Digital Assets
——
Also:
Ethereum Layer 2 developer #Polymer Labs raises $23 million in Series A funding
Polymer Labs has raised $23 million in Series A funding from Blockchain Capital, Coinbase Ventures and others.
Polymer is building an Ethereum Layer 2 network to provide interoperability-as-a-service.
• BBG | Polymer
——
🪆Перевод