EDX Markets has applied to the U.S. Office of the Comptroller of the Currency for a national trust bank charter, planning to provide digital asset custody and trading services to strengthen its competitiveness in the crypto industry. This move reflects how the crypto industry is rapidly moving closer to a regulated financial system.

EDX Markets' EDXM International plans to launch perpetual futures contracts tracking the Korean won to US dollar exchange rate, aiming to provide a lower-cost on-chain alternative to replace traditional non-deliverable forward contracts.