Digital asset-focused prime broker Sage Capital Management has partnered with EDXM International to deliver institutional access to perpetual futures contracts on the trading venue.
The strategic partnership will see Sage act as prime broker to EDXM, a digital asset trading venue offering institutional access to differentiated perpetual futures liquidity.
EDXM is backed by firms including Citadel Securities, Fidelity Digital Assets, Charles Schwab, Virtu Financial and venture capitalists Sequoia Capital and Pantera Capital.
Sage will provide services to hedge funds, asset managers, family offices and brokers. Institutional clients can trade across 44 pairs, including Bitcoin, Ethereum, Solana and XRP.
“EDXM International is backed by some of the world’s most established financial institutions and we are delighted to be providing a gateway to such a credible venue,” said Nathan Sage, CEO, Sage Capital.
“Our partnership with EDXM International reinforces our strategy of providing institutional clients with high quality access to digital asset markets.”
“We are pleased to welcome [Sage Capital Management] as a member of EDXM International and look forward to working together to provide reliable liquidity solutions while further expanding our institutional client base,” said Kal Chan, Head of Institutions, EDXM International.
Sage has been operating since 2015 and is a regulated digital asset prime broker providing institutional clients with access to deep liquidity.