When Goldman Sachs announced its cryptocurrency trading team in May 2021, followed by JPMorgan opening crypto fund access to wealth clients, the institutional narrative was simple: get exposure to digital assets, fast.

But as more firms have moved beyond pilot programs into full-scale operations, a more complex reality has emerged. How can institutions build sustainable, compliant, and competitive digital asset operations that align with institutional-grade standards?

Given these complexities, institutions have developed varied approaches to liquidity management that reflect their specific operational requirements and risk tolerances. Some prioritize direct relationships with a small number of high-quality venues, while others pursue broad market access through aggregation technologies.

EDX Markets represents the focused approach. “EDX achieves this by having best-in-class technology connecting the world’s best market makers quoting on our exchange in the most capital-efficient way possible,” explains CEO Tony Acuña-Rohter. The strategy emphasizes depth over breadth, concentrating liquidity in a controlled environment.

This article originally appeared on e-Forex. Read the full article here.