Eventus, the trade surveillance and financial risk solutions provider, has announced that EDX Markets, a digital asset technology firm catering exclusively to institutional clients, has adopted the Eventus Validus platform for trade surveillance. The collaboration aims to enhance the safety and efficiency of EDX’s marketplace operations.
Founded in 2022 and backed by major Wall Street firms, EDX Markets launched in 2023 to offer secure digital asset trading with improved liquidity and risk minimisation via its central clearinghouse.
EDX Markets CEO Tony Acuña-Rohter commented: “We selected Eventus for this important technology due to the firm’s deep experience in digital assets. The Validus platform is widely accepted by regulators around the globe and was seamless to integrate into our marketplace thanks to its cloud deployment and flexible connectivity capabilities.”
Josh Hoffberg, EDX Head of Market Operations, added: “It’s extremely important that we get trade surveillance right. Eventus onboarded our engineers and integrated their trade surveillance capabilities onto our marketplace well ahead of the launch of our New Matching Engine. The Validus platform also provides us with a strong solution that is easy to use and has intuitive market visualization tools that provide us with a comprehensive view of overall activity. We look forward to leveraging the automation tools and extended surveillance capabilities Validus offers as we continue to scale and grow.”
Eventus CEO Travis Schwab said: “EDX has created an experience for institutional investors that mirrors what they have in traditional finance. Minimizing risk is a key part of that experience, and we’re pleased to equip EDX’s marketplace with our surveillance tools, further reinforcing the integrity of the platform.”
With this partnership, Eventus extends its global footprint, now serving nearly 20 digital asset venues worldwide. This deployment reinforces the companies’ commitment to robust institutional trading infrastructure and compliance.
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