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Apr 3, 2026

EDX Markets Applies for OCC National Trust Charter for Institutional Crypto Custody

EDX Markets, backed by Citadel and Charles Schwab, applied for a national trust charter from the Office of the Comptroller of the Currency on April 1, 2026, to offer regulated custody and asset services separate from its trading operations. EDX joins at least eight other crypto firms pursuing similar federal banking charters.

Apr 3, 2026·3 sources
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Top claims

  • ▪EDX Markets submitted a filing for a national trust bank charter to the Office of the Comptroller of the Currency on Wednesday.
  • ▪EDX Markets' proposed trust entity structure would provide institutional investors with segregated custody separate from trading operations.
  • ▪Several crypto firms have applied for and received trust bank charters in recent years to offer custody and other services under U.S. oversight.

Topics

Institutional crypto adoptionCrypto custody regulationCrypto & banking regulation

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