EDX Markets, an institutional-only crypto trading venue with a central clearinghouse, has launched crypto-as-a-service and partnered with a regulated broker-dealer in the U.S. as more institutions are expected to launch into digital assets.

Tony Acuña-Rohter, chief executive of EDX Markets, told Markets Media: “It is undeniable that the institutionalization of crypto markets will continue to accelerate, so we see that as a key area of growth.”

As institutions enter crypto, they will want to incorporate the new asset class in their existing workflows, rather than having to buy or build new technology. As a result, EDX Markets said in…