EDX Markets Selects Anchorage Digital as Custodian for New Clearing House Business

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EDX Markets has taken a significant step forward in advancing institutional-grade digital asset infrastructure by selecting Anchorage Digital as the custodian for its newly launched clearing entity, EDX Clearing. This strategic partnership underscores a growing demand for secure, compliant, and efficient clearing and settlement solutions in the rapidly evolving crypto markets.

As digital assets become increasingly integrated into mainstream financial systems, trusted custody and clearing mechanisms are essential to ensure operational integrity, regulatory compliance, and investor confidence. By aligning with Anchorage Digital—a federally chartered crypto bank and leader in institutional-grade custody—EDX is reinforcing its commitment to building a resilient, transparent, and scalable market structure.

A Strategic Move for Institutional Confidence

Jamil Nazarali, CEO of EDX, emphasized the importance of secure infrastructure in fostering trust among institutional participants:

“Security and reliability are foundational to everything we do at EDX. Partnering with Anchorage Digital ensures that our clearing operations are backed by the highest standards of custody, compliance, and technological resilience.”

This collaboration enables EDX Clearing to settle matched trades executed on the EDX exchange through a unified settlement process, enhancing both capital and operational efficiency for member firms. By leveraging Anchorage Digital’s end-to-end secure custody infrastructure, EDX provides its members with peace of mind when trading digital assets at scale.

👉 Discover how next-generation custody solutions are shaping the future of digital finance.

Why Anchorage Digital?

Anchorage Digital stands out as one of the most regulated and technologically advanced platforms in the crypto space. It operates under a federal banking charter in the United States—the only crypto-native bank with such a designation—ensuring adherence to stringent regulatory frameworks. Additionally, its Singapore-based entity offers equivalent security and service standards for global clients.

The company combines cutting-edge cryptographic technology with institutional-grade risk management practices, offering unparalleled protection for digital assets. Its custody infrastructure is designed to mitigate threats such as key compromise, insider attacks, and system failures, making it a preferred choice for major financial institutions entering the digital asset ecosystem.

Backed by leading investors including Andreessen Horowitz, GIC (Singapore’s sovereign wealth fund), Goldman Sachs, KKR, and Visa, Anchorage Digital has achieved a valuation exceeding $3 billion following its Series D funding round. Since its founding in 2017, the firm has expanded its presence across key financial hubs, including San Francisco, New York City, Singapore, Porto (Portugal), and Sioux Falls (South Dakota).

Building a Modern Clearing Ecosystem with EDX Clearing

EDX Clearing plays a pivotal role in the broader EDX Markets ecosystem. As the central counterparty (CCP) for trades executed on the EDX platform, it assumes counterparty risk and guarantees settlement, thereby reducing systemic risk across the marketplace.

By integrating Anchorage Digital’s custody services, EDX Clearing ensures that all transactional assets are held securely throughout the clearing and settlement lifecycle. This not only enhances operational resilience but also aligns with best practices from traditional financial markets—such as those used in equities and derivatives trading—while adapting them for the unique requirements of digital assets.

The use of a single, unified settlement workflow streamlines reconciliation processes, reduces margin requirements, and improves capital utilization for broker-dealers and other exchange participants.

👉 Explore how secure settlement layers are transforming digital asset markets.

Backed by Industry Leaders

EDX Markets launched trading in June 2023 with strong backing from a consortium of leading financial institutions, including:

This coalition reflects a shared vision: to build a transparent, secure, and efficient marketplace that serves both crypto-native firms and traditional financial giants. The addition of Anchorage Digital as custodian further strengthens this foundation by addressing one of the most critical pain points in institutional adoption—secure post-trade infrastructure.

Diogo Mónica, Co-Founder and President of Anchorage Digital, highlighted the significance of the partnership:

“We’re proud to support EDX Clearing with our secure custody platform. As digital assets mature, robust clearing and settlement systems will be essential. Our mission is to provide the infrastructure that allows institutions to participate confidently in this new financial era.”

FAQ: Understanding EDX Clearing and Anchorage Digital’s Role

Q: What is EDX Clearing?
A: EDX Clearing is the central counterparty that settles trades executed on the EDX Markets exchange. It ensures trade finality, reduces counterparty risk, and provides a unified settlement process for member firms.

Q: Why is custody important in digital asset clearing?
A: Custody protects digital assets during and after settlement. Given the irreversible nature of blockchain transactions, secure storage is critical to prevent loss or theft—especially at institutional scale.

Q: Is Anchorage Digital regulated?
A: Yes. Anchorage Digital Bank is a federally chartered cryptocurrency bank regulated by U.S. authorities. Its Singapore entity also complies with local regulatory standards.

Q: How does this benefit institutional investors?
A: The partnership delivers enhanced security, regulatory clarity, and operational efficiency—three key factors that lower barriers for large-scale institutional participation in crypto markets.

Q: Can non-U.S. firms access these services?
A: Yes. Through Anchorage Digital Singapore and EDX’s global market design, international institutions can engage with compliant infrastructure tailored to their needs.

Q: What makes this model different from traditional crypto exchanges?
A: Unlike many decentralized or lightly regulated platforms, EDX combines traditional financial market principles—like central clearing and independent custody—with modern blockchain-based execution.

The Future of Institutional Digital Asset Infrastructure

The collaboration between EDX Markets and Anchorage Digital marks a turning point in the maturation of crypto markets. It demonstrates how regulated custody, centralized clearing, and industry-backed governance can coexist to create a trustworthy environment for large-scale digital asset trading.

As regulatory scrutiny increases and institutional demand grows, solutions like EDX Clearing—powered by secure custody partners—will become the standard rather than the exception.

👉 See how top-tier custody and clearing models are setting new benchmarks in digital finance.

Keywords

With robust backing, advanced technology, and a clear focus on compliance and security, this partnership sets a new benchmark for what a modern digital asset market should look like—one where innovation meets trust.