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LeveL Markets, a U.S. registered broker-dealer and operator of the LeveL ATS, has announced a strategic partnership with EDX Markets, a digital asset firm that combines an institutional-only trading venue with a central clearinghouse.
The integration connects LeveL Markets' institutional trading solutions with EDX Markets' digital asset trading and clearing ecosystem, with the aim of enabling institutional participants to trade digital assets through what both firms describe as secure and efficient market infrastructure.
The partnership brings together LeveL Markets' low-latency execution, order routing and institutional workflows with EDX Markets' trading venue, with both firms stating the arrangement is intended to lower barriers to entry for traditional financial institutions exploring digital assets.
Steve Miele, Chief Executive Officer, LeveL Markets
Steve Miele, Chief Executive Officer, LeveL Markets said:
"We're excited to partner with EDX Markets to expand our institutional trading infrastructure into the digital asset space. This partnership reflects our shared commitment to applying the standards, transparency and performance expected in traditional markets to digital asset trading, creating a seamless and trusted path for institutions to engage with this asset class."
The partnership is positioned around market integrity, capital efficiency and alignment with evolving regulatory frameworks, areas that have remained focal points for institutional participants weighing exposure to digital assets.
Tony Acuña-Rohter, Chief Executive Officer, EDX Markets
Tony Acuña-Rohter, Chief Executive Officer, EDX Markets commented:
"LeveL Markets brings deep expertise in institutional market access and execution. By working together, we're strengthening the connectivity and infrastructure that institutions need to engage in digital assets with confidence."
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