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EDX Markets, a cryptocurrency platform backed by Charles Schwab, Fidelity and Citadel Securities, launched trading for bitcoin, ether, litecoin, and bitcoin cash. EDX is a non-custodial exchange, meaning it does not hold customer crypto and instead uses a third-party custodian. EDX plans to launch a clearinghouse later this year to help customers settle trades. EDX has also closed a second funding round, attracting new investors such as Miami International Holdings and affiliates of proprietary trading firms DV Trading, GTS, GSR, and Hudson River Trading.