Secure. Compliant. Institutional-Grade.
EDXM Global 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.
In compliance with MAS requirements, please note:
Before you:
You should be aware of the following:
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:
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:
Submit your name, company, role, email and message via our inquiry form.
36 Robinson Road, #20-01, City House, Singapore 068877
1. Regulatory Status
EDXM Global Pte. Ltd. (“EDXMG”) has submitted an application to the Monetary Authority of Singapore (“MAS”) for a Major Payment Institution licence under the Payment Services Act 2019 (“PS Act”).
EDXMG is currently relying on the applicable temporary exemption from the requirement to hold a licence under the PS Act in respect of certain digital payment token services that fall within the expanded scope of regulated activities introduced under the Payment Services (Amendment) Act 2021, including digital payment token transfer and safeguarding/custody services, while its licence application is under review by MAS.
The temporary exemption does not constitute licensing, approval or endorsement of EDXMG or its services by MAS.
2. No Guarantee of RecoveryBecause EDXM Global is operating under this transitional exemption and is not fully licensed, your funds and DPTs are not covered by any statutory compensation scheme or guaranteed in the event of EDXM Global’s insolvency, suspension of business, or failure. You may not be able to recover all, or any, of the funds or DPTs you transfer or hold with us.
3. DPT Volatility and Total Loss RiskDigital Payment Tokens are highly speculative and can fluctuate in value rapidly and unpredictably. The value of any DPT you buy, sell, hold, or transfer may:
If you do not fully understand these matters, you should seek professional advice before engaging in any DPT transactions.
5. “Stable Value” Token ClarificationWe may offer or facilitate services related to tokens that are marketed as having a “stable value” (often referred to as “stablecoins”). These tokens are still categorized as DPTs and are not guaranteed to maintain a fixed value under any circumstances. They remain subject to market, credit, liquidity, and other risks.
6. Consumer Protection Expectations (PS-G03)Under MAS’ PS-G03 Guidelines, DPT service providers are required to adopt consumer protection measures including clear risk disclosures, asset segregation, and conduct practices designed to protect customer assets and promote informed decision-making by customers. These guidelines are designed to strengthen user protection and inform customers about the risks associated with DPT services.
7. Seek Independent AdviceYou should consider obtaining independent legal, financial or tax advice before engaging in any DPT transactions or using any of our services.
By using our services, you acknowledge that you have read, understood, and accepted this risk warning.
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.
Kai Kono is Executive Director/Chief Executive Officer of EDXM Global, 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 Global, 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 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.
Rakesh Madamanchi is the Executive Director/Chief Compliance Officer & MLRO of EDXM Global, 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.
Kai Kono is Executive Director/Chief Executive Officer of EDXM Global, a Singapore based affiliated company backed by EDX Markets. In this role, he is responsible for growing EDXM Global’s business and presence covering international non-US markets.
Kai has extensive experience in the crypto space. Prior to EDXM Global, 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 is the Executive Director/Chief Compliance Officer & MLRO of EDXM Global, 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 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 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.