The firm, EDX Markets, is backed by the two largest U.S. retail brokers, Charles Schwab (SCHW) and Fidelity Investments (through its digital-assets arm). Citadel Securities and Virtu Financial (VIRT), two of the biggest trading firms in U.S. stocks, and investment firms Paradigm and Sequoia Capital are also supporting the venture, and EDX expects others to join the group.
Source: https://www.coindesk.com/business/2022/09/13/wall-street-titans-new-crypto-exchange-aims-to-seriously-cut-costs-for-investors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines