EDX Markets, an institutional-only digital asset trading venue with a central clearinghouse, and Fireblocks, the enterprise platform securing more than $16 trillion in digital asset transactions, said on Sept. 9 that they have integrated Fireblocks Network Link to make it easier for clients to move and manage assets. The integration lets Fireblocks customers connect directly to EDX and shift capital across the venue using the workflows they already operate, while EDX positions its marketplace to emulate the world’s most sophisticated exchanges with deep liquidity, firm prices and low trading costs.
What the integration changes
Fireblocks clients can now connect to EDX using their existing Fireblocks workflows to transfer assets, allocate funds across accounts and rebalance liquidity. The two companies framed the move as a response to fragmentation across liquidity pools, geographies, products and operating models, which can create operational challenges as regulated financial firms expand into digital assets. The integration removes the need for separate workflows across individual venues, according to an announcement the companies published.
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