EDX, supported by Charles Schwab, Citadel, and Fidelity, applies for a U.S. trust bank license

金色财经_ · 2026-04-02T00:12:09+00:00

Recently, the cryptocurrency trading platform EDX Markets applied to the U.S. Office of the Comptroller of the Currency for a National Trust Bank license, which will provide digital asset custody and other services to support compliant development for institutional clients and the crypto industry. Several other crypto companies are also applying for similar licenses, indicating that the industry is moving toward regulation.

金色财经_

2026-04-02 00:12:09

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Golden Finance reported that on April 2, the cryptocurrency trading platform EDX Markets, supported by Charles Schwab, Citadel Securities, and Fidelity, has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter. This charter will allow EDX to provide services such as digital asset custody, asset management, and trade settlement, but it does not include traditional banking businesses such as taking deposits or making loans. EDX said that obtaining the charter will help it better serve institutional customers and gain a competitive edge amid the institutionalization wave in the crypto industry.
Recently, several cryptocurrency companies—including Ripple, Circle, BitGo, Paxos, and Fidelity Digital Assets—have also been applying for similar charters, indicating that the industry is accelerating its move toward a regulated financial system.

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