Image: TradingView

Citadel-Backed EDX Markets Files National Trust Bank Charter with OCC

01 April, 2026.Crypto.11 sources

Key Takeaways

EDX Markets filed for a national trust bank charter with the OCC.
Backed by Citadel Securities, Fidelity Digital Assets, and Charles Schwab.
Would deepen integration of crypto services with the US banking system.

EDX Files for National Trust Charter

EDX Markets filed with the OCC to establish a national trust bank.

“Citadel-backed EDX Markets applies for U”

@coindesk

The trust entity would be structurally separated from the core trading platform.

@coindesk

EDX's filing marks its most ambitious step since launching three and a half years ago.

Separating Custody and Trading

EDX operates on a non-custodial model separating custody from trading.

The trust bank would provide fiduciary custody and invest cash and stablecoins in liquid assets.

Benzinga

Settlement services include riskless principal trading and end-of-day net settlement.

Growing Institutional Demand

EDX joins a growing list of crypto firms seeking trust bank charters.

“EDX Markets, a cryptocurrency exchange backed by Citadel Securities, has applied for a national trust bank charter with the Office of the Comptroller of the Currency, marking a step toward deeper integration between digital asset firms and the US banking system”