EDXM Global Establishes Board of Directors with Senior Leaders from Citadel and Virtu Financial – CryptoMode
Singapore, April 29, 2025 / Prnewswire / – Edxm Global today announced the formation of its board of directors, nominating industry leaders Rakesh Madamanchi, Peter Colven and Ramesh Arumugam as board directors. Collectively carry extensive expertise in trade infrastructure, operation and compliance, and will support CEO Kai Kono as EDXM Global which expands institutional adoption of the digital asset trading area.
Madamanchi joined the board with a track record on Risk Management and Regulatory Affairs. He has served as chief obedience to EdxM Global since May 2024 and has brought more than 18 years of experience throughout the global financial institutions, including Blockchain.com, Wells Fargo, Anz, and Standard Chartered Bank on the board.
Colven joined the board as a non-executive director. He is the APAC Chief Operating Officer in Citadel, where he manages the major corporate operations in the region. He brings widespread operational expertise to the board, including more than two decades of Goldman Sachs experience throughout London, Tokyo, and Hong Kong offices, where he worked in senior roles, with the Chief Operating Officer and Chief Risk Officer in Global Markets for APAC.
Arumugam joined the board as a non-executive director. He is the APAC Managing Director of Virtu Financial. He joined the firm in 2020 as head of Asian business development, leading business development and institutional access to the high-speed, low-lattency trading platform. Prior to this, he held the key roles in the Fintech Division of the NYSE Euronext and SGX, where he led the coaching and trade sales throughout the global market. The experience of developing the Arumugam business will support EDXM Global as it accelerates its expansion in the region.
“We are honored to accept Rakesh, Peter and Ramesh in our board of directors as we serve our growing roster of institutional clients,” said Kai Kono, CEO of Edxm Global. “Everyone brings a wealth of proven leadership and expertise in operating throughout the global financial market. Their guide will be instrumental as we measure our infrastructure and deepen access to the institution in digital property.”
About EDXM Global
EDXM Global is a rapidly growing area of digital asset trading for institutional clients who uses the best skills from the traditional financial market on a goal -developed platform. Based on Singapore, the stable environment of EDXM Global's liquidity, modern technology, and non-exciting business model is designed to meet the needs of both crypto-native companies and the largest financial institutions in the world. EDXM Global is a subsidiary of EDX Markets Holding Company Inc.
About EDX
EDX is a digital asset technology company that combines an institution-only trading area with a central clearinghouse. EDX markets, our flagship market, are designed to emulate the world's most popular exchange, with deep liquidity, firm prices, and low trading costs. EDX has adjusted its business to reduce the risk for its members while providing different ranges of operational and capital efficiency. Back by some of the leading trade companies and venture capital, EDX actively develops new features and expansion of geography to deliver trustworthy, liquid, D and excellent crypto trading experiences for all institutions. To find out more, visit edxmarkets.com.
Contact the media
For more information and interview with Kai Kono:
press@edxmglobal.com | +61 416 219 358
Denial: The products and services of EDXM Global are only available to non -US people and non -US institutions in select constituents.
