Digital asset prime brokerage Sage Capital Management has formed a strategic partnership with EDXM International, a digital asset trading venue offering institutional access to perpetual futures. Backed by global financial leaders including Citadel Securities, Fidelity Digital Assets, Charles Schwab, Virtu Financial, and top global VCs Sequoia Capital and Pantera Capital, EDXM International is a purpose-built exchange offering capital and cost-efficient crypto trading and deep liquidity.
Through this partnership, Sage Capital will act as prime broker to EDXM International, providing hedge funds, asset managers, family offices and brokers with seamless access to perpetual futures contracts on the venue. Institutional clients can trade across 44 pairs, including Bitcoin, Ethereum, Solana and XRP.
Benefits of onboarding through Sage Capital include enhanced capital efficiency through credit intermediation, collateral management, and net settlement processes that reduce capital outlay. Additionally, Sage Capital provides robust risk management, including access to a non-custodial trading venue supported by a central clearinghouse and strong protective mechanisms including bankruptcy-remote client segregated accounts.
Nathan Sage, CEO, Sage Capital said: “EDXM International is backed by some of the world’s most established financial institutions and we are delighted to be providing a gateway to such a credible venue. Our partnership with EDXM International reinforces our strategy of providing institutional clients with high quality access to digital asset markets.”
Kal Chan, Head of Institutions, EDXM International added: “Sage Capital is a rapidly growing digital asset prime broker, recognised for delivering secure, seamless, and compliant access to the digital asset market. We are pleased to welcome them as a member of EDXM International and look forward to working together to provide reliable liquidity solutions while further expanding our institutional client base.”