According to news on December 8, institutional cryptocurrency exchange EDX Markets has promoted its chief technology officer (CTO) Tony Acuña-Rohter to CEO. Founding CEO Jamil Nazarali becomes executive chairman. In the first quarter of 2025, the company plans to launch crypto perpetual futures trading, initially supporting BTC and ETH, followed by SOL and XRP, among others, in the coming months. The perpetual futures trading venue will be located at the Equinix TY3 data center in Tokyo. Like onshore exchanges, EDXM Global will benefit from a central clearing house and net settlement. EDXM Global is led by Kai Kono from Zodia Custody.