Custody &
Settlement Solutions

Secure. Compliant. Institutional-Grade.

Our Purpose

EDXM International provides secure, compliant and institutional-grade custody and transfer infrastructure for Digital Payment Tokens (DPTs).

We empower institutional participants — including exchanges, brokers, funds, family offices, OTC desks, liquidity providers, and corporate treasuries — to safely store, manage and transfer digital assets with confidence.

Combining advanced cryptographic security, operational resilience, and alignment with Singapore’s Payment Services Act, we bridge the gap between traditional finance and the digital asset economy.

We are committed to infrastructure that meets the highest standards of governance, transparency, and risk management — supporting the financial system of the future.

EDXM International is currently exempted by the Monetary Authority of Singapore (MAS) from holding a license under the Payment Services Act 2019 for providing digital payment token services. This exemption is temporary and does not constitute MAS approval of our services.

Digital Asset Custody

Secure, segregated and institutionally governed storage of crypto

Settlement Solution

Streamlined, compliant asset transfer and settlement infrastructure between verified counterparties

Regulatory Disclosures

In compliance with MAS requirements, please note:

Before you:

  • Transfer funds or DPTs to us or a third party
  • Enter any agreement to buy/sell DPTs
  • Rely on us to transmit or facilitate DPT transfers

You should be aware of the following:

  • EDXM International is operating under a temporary exemption from licensing.
  • You may not recover your funds or DPTs in the event of business failure.
  • DPT values may fluctuate significantly — you could lose all your capital.
  • You should ensure you fully understand the nature, mechanics, and custody of any DPT you transact in.

We may offer services related to coins, which are commonly marketed as having a stable value but are categorized as DPTs.

While we implement best-in-class infrastructure, digital asset custody involves risks such as:

  • Cybersecurity threats
  • Key mismanagement
  • Regulatory changes
  • System outages

We conduct full Know Your Customer (KYC) and Customer Due Diligence (CDD) on all institutional clients, adhering to Singapore’s AML/CFT regulations under the:

  • Corruption, Drug Trafficking and Other Serious Crimes Act
  • Terrorism (Suppression of Financing) Act

Legal Entity Information

Leadership Team
Kai Kono

Chief Executive Officer, EDXM International

Rakesh Madamanchi

Chief Compliance Officer, EDXM International

Kal Chan

Head of Institutions at EDXM International

EDXM Global Management
Kai Kono

Board Director

Rakesh Madamanchi

Board Director

Peter Colven

Board Director

Ramesh Arumugam

Board Director

Contact Us

Institutional Sales Inquiry

Submit your name, company, role, email and message via our inquiry form.

Institutional Sales Inquiry
Registered Office

36 Robinson Road, #20-01, City House, Singapore 068877

Exceptional Trading Experiences Start Here

Powered by our ultra-low-latency matching engine technology and central clearinghouse, and supported by many of the world’s leading crypto trading firms, EDXM Global provides a trusted, liquid and efficient crypto trading experience.

Disclaimer:
EDM International’s products and services are only available to non-US persons and non-US institutions in select jurisdictions.US persons and institutions are strictly prohibited from access.
Perpetuals trading services are not available for persons or businesses in the US, EU, UK and other jurisdictions where such services are restricted.
EDM International’s products and services are not intended for Professional/Accredited/Expert Investors only.
EDM International is not currently licensed or regulated by any financial authority.

Kai Kono

Executive Director/Chief Executive Officer, EDXM International

Kai Kono is Executive Director/Chief Executive Officer of EDXM International, a Singapore based affiliated company backed by EDX Markets. In this role, he is responsible for growing EDXM International’s business and presence covering international non-US markets.

Kai has extensive experience in the crypto space.  Prior to EDXM International, Kai was the CEO of Zodia Custody Singapore, a digital asset custodian and subsidiary of Standard Chartered Bank. Prior to Zodia Custody Singapore, Kai was Managing Director and Global Head of Digital Asset Sales at BitGo, a licensed qualified custodian based in the US. From 2018-2021, Kai was Chief Business Officer for Liquid Exchange, a Japan FSA licensed global exchange.

Prior to crypto, Kai worked for Google in Japan in a strategy role, and he has also spent over 10 years in investment and corporate banking across Bank of America (Merrill Lynch) and Lehman Brothers. He is a graduate of The University of British Columbia with a degree in Commerce.

Rakesh Madamanchi

Executive Director/Chief Compliance Officer & MLRO, EDXM International

Rakesh Madamanchi is the Executive Director/Chief Compliance Officer & MLRO of EDXM International, responsible for the Regulatory and Financial Crime Compliance outcomes of the companies. Prior to Joining EDX, Rakesh was Group Head of Institutional Compliance and Singapore Head of Compliance at Blockchain.com. Prior to that role, Rakesh was with global and regional financial institutions like ANZ, SCB, RHB and Worldpay as Compliance and Financial Crime Leader, Head of FCC and Compliance Director. Rakesh’s experience is broad, covering responsibilities in compliance advisory, customer onboarding, investigations, operations, management, training, process automation, controls optimization, regulatory remediation & strategic transformation, and regulatory liaison-ship. Rakesh has a bachelor’s degree in engineering from ANU.

Kal Chan

Head of Institutions, EDXM International

Kal Chan is Head of Institutions at EDXM International, where he is responsible for driving institutional strategies and leading global market expansion. Kal plays a pivotal role in positioning EDXM International as a leader in the digital asset space, with a focus on enhancing international market presence and institutional engagement.

Prior to joining EDXM International, Kal served as CEO of Zodia Custody Hong Kong, where he successfully led the firm’s market entry and strategy for the Hong Kong region. Before that, he spearheaded APAC expansion and go-to-market strategy for leading digital asset institutions, such as Curv and Zerohash.

Earlier in his career, Kal held business development and go-to-market roles at Bloomberg LP, Intercontinental Exchange (ICE) and Cboe Global Markets, specializing in market structure, data analytics and trading solutions.Kal holds degrees in Business Administration and Management Operations from the University of Tennessee.

Rakesh Madamanchi

Board Director

Rakesh Madamanchi is the Executive Director/Chief Compliance Officer & MLRO of EDXM International, responsible for the Regulatory and Financial Crime Compliance outcomes of the companies. Prior to Joining EDX, Rakesh was Group Head of Institutional Compliance and Singapore Head of Compliance at Blockchain.com. Prior to that role, Rakesh was with global and regional financial institutions like ANZ, SCB, RHB and Worldpay as Compliance and Financial Crime Leader, Head of FCC and Compliance Director. Rakesh’s experience is broad, covering responsibilities in compliance advisory, customer onboarding, investigations, operations, management, training, process automation, controls optimization, regulatory remediation & strategic transformation, and regulatory liaison-ship. Rakesh has a bachelor’s degree in engineering from ANU.

Peter Colven

Board Director

Peter Colven is Chief Operating Office for APAC at Citadel.

Peter Colven is the APAC Chief Operating Officer of Citadel. He is responsible for the firm’s key corporate functions in the Asia Pacific region and is Chair of Citadel’s Regional Operating Committees.

Prior to joining Citadel, Peter spend 21 years at Goldman Sachs across its London, Tokyo and Hong Kong offices. He worked in a number of roles within the Global Markets and Asset Management divisions, including the most recent positions of Chief Operating Officer and Chief Risk Officer in Global Markets for APAC.

Peter received a bachelor’s degree in Economics and Management from the University of London Royal Holloway College.

Ramesh Arumugam

Board Director

Ramesh Arumugam is Managing Director, Asia Pacific at Virtu Financial.

Mr Arumugam started his career in the fintech arm of NYSE Euronext, where he developed a deep understanding of low latency trading systems and market data. He subsequently joined SGX in 2013 and worked in a number of roles at the firm within the clearing and trading sales divisions, including being posted to London to look after their European business development.

Following his stints in technology, clearing and trading, Mr Arumugam joined Virtu in Nov 2020 as their Head of Business Development in Asia. In Aug 2023, he was appointed as Managing Director, Asia Pacific.