New Wall Street-Backed Crypto Exchange Sends Bitcoin Soaring

EDX Markets, a newcomer to the cryptocurrency exchange landscape, has made a notable entry with backing from some of Wall Street's biggest institutions including Citadel Securities, Fidelity Investments, and Charles Schwab. The company recently unveiled the launch of its digital asset market on June 20, marking its official entry into the industry, Cointelegraph reported. According to the announcement, the exchange hopes to attract "industry leaders" by incorporating best practices from traditional finance and offering unique advantages, including…