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EDX Markets promotes CTO to CEO and plans to launch offshore perpetual futures trading in Q1 next year

Institutional cryptocurrency exchange EDX Markets has promoted its chief technology officer (CTO) Tony Acuña-Rohter to chief executive officer. Founding CEO Jamil Nazarali becomes executive chairperson. In Quarter 1, 2025, the company plans to launch crypto perpetual futures trading, initially supporting BTC and ETH, followed by the addition of SOL and XRP within a few months. The perpetual futures trading venue will be located in the Equinix TY3 data center in Tokyo. Like the onshore exchange, EDXM Global will benefit from a central clearing house and net settlement. EDXM Global is led by Kai Kono from Zodia Custody.