#Singapore #EDXM Global #Rakesh Madamanchi #Peter Colven

EDXM Global Strengthens Leadership with New Board Appointments

EDXM Global, a rapidly advancing player in the digital asset trading sector, has announced the establishment of its Board of Directors, featuring prominent industry figures. The appointments of Rakesh Madamanchi, Peter Colven, and Ramesh Arumugam are set to enhance the company’s operational capabilities and foster institutional adoption of its innovative trading platform.

Building a Stronger Governance Framework

On April 28, 2025, EDXM Global officially informed the market about the formation of its Board of Directors. This strategic move reflects the company's commitment to strengthening its governance and ensuring robust oversight as it continues to grow. The new members bring a wealth of experience from various prestigious financial institutions, crucial for navigating the complexities of digital asset trading.

Rakesh Madamanchi: A Compliance Veteran

Rakesh Madamanchi, who joins the Board with extensive expertise in risk management and regulatory affairs, has been a reliable figure at EDXM Global since assuming the role of Chief Compliance Officer in May 2024. With more than 18 years of experience, he has held significant positions at renowned firms such as Blockchain.com, Wells Fargo, and Standard Chartered Bank, contributing to his well-rounded understanding of compliance within the digital finance landscape. His insights will be invaluable as EDXM Global seeks to reinforce its regulatory frameworks in a rapidly evolving industry.

Peter Colven: Operational Excellence

Peter Colven steps in as a Non-Executive Director, bringing a strong operational background from his role as the APAC Chief Operating Officer at Citadel. His tenure at Goldman Sachs spanned over two decades, where he played pivotal roles, including Chief Operating Officer and Chief Risk Officer in Global Markets across major financial hubs in London, Tokyo, and Hong Kong. Colven's operational skills will be essential in optimizing EDXM Global's processes and ensuring efficiency in its trading activities.

Ramesh Arumugam: Business Development Expertise

Ramesh Arumugam, also a Non-Executive Director, offers profound experience in business development from his current position as APAC Managing Director at Virtu Financial. Since joining Virtu in 2020, he has been steering the firm's efforts to enhance institutional trading access, a focus that aligns with EDXM Global's ambitions for expansion in the digital asset domain. His previous roles at NYSE Euronext and SGX lend him a deep understanding of the financial markets, which will support EDXM's growth trajectory as it aims to establish a significant footprint in the industry.

A Vision for the Future

Kai Kono, CEO of EDXM Global, expressed enthusiasm about the newly appointed Board members, stating, “We are honored to welcome Rakesh, Peter, and Ramesh to our Board of Directors as we serve our growing roster of institutional clients. Each brings a wealth of proven leadership and operational expertise across global financial markets. Their guidance will be instrumental as we scale our infrastructure and further deepen institutional access to digital assets.”

The collective experience of the Board members is anticipated to play a critical role in enhancing EDXM Global's offerings and ensuring that institutional clients receive top-tier services tailored to the unique requirements of digital asset trading.

About EDXM Global

EDXM Global operates as a pioneering digital asset trading venue designed for institutional clients, integrating best practices derived from traditional financial markets into its crypto-centric platform. Based in Singapore, the platform prides itself on delivering a robust liquidity environment, advanced technology, and a non-conflicted business model, catering to both crypto-native firms and the largest financial institutions globally. As a subsidiary of EDX Markets Holding Company Inc., EDXM Global continues to innovate within the digital asset space, aiming to redefine the trading experience for institutions by offering liquidity, efficiency, and security.

With these strategic appointments and a clear vision for the future, EDXM Global is poised to make significant strides within the financial landscape, meeting the demands of an increasingly digital economy.