Wyden, the leader in institutional digital asset trading technology, announced its integration with EDX Markets (EDX), a leading digital asset technology firm that combines an institutional-only trading venue with a central clearinghouse. This integration offers Wyden’s banking and brokerage clients access to EDX’s deep, aggregated liquidity and capital-efficient market structure.
The addition of EDX Markets reinforces Wyden’s commitment to an institutional-grade best execution environment, as Wyden’s unified trade and orchestration system now taps directly into EDX’s proprietary matching engine. This ensures that institutional participants can execute large-scale orders with minimal slippage and optimal capital efficiency across a wide range of digital asset instruments. Connectivity is delivered via Wyden’s end-to-end platform, enabling microsecond-level performance and fully automated trade lifecycles from pre-trade risk management through to post-trade settlement.
The collaboration leverages EDX’s unique central clearinghouse model, which significantly reduces counterparty risk through daily net settlement and bankruptcy-remote collateral and settlement accounts, with full subaccount segregation.
“The partnership arrives as the institutionalization of the digital asset market reaches a new peak, driving demand for trading venues that mirror the transparency and performance of traditional financial markets,” said Andy Flury, President of the Board at Wyden. “For Wyden, this is a significant step in our mission to provide banks and brokers with the most robust, regulated, and liquid trading ecosystem available today.”
“This collaboration with Wyden marks an important milestone in expanding institutional access to digital asset liquidity,” said Tony Acuña-Rohter, CEO of EDX Markets. “By combining our central clearinghouse model with Wyden’s advanced trading platform, we’re delivering a more capital-efficient and resilient market structure for institutional participants.”
