[EDX Supported by Charles Schwab, Citadel, and Fidelity Applies for U.S. Trust Bank License] Odaily Planet Daily reports that the cryptocurrency trading platform EDX Markets, supported by Charles Schwab, Citadel Securities, and Fidelity, has applied for a national trust bank license from the U.S. Office of the Comptroller of the Currency (OCC). This license would allow EDX to provide services such as digital asset custody, asset management, and trade settlement, but would not include traditional banking activities such as accepting deposits or issuing loans. EDX stated that obtaining this license would help it better serve institutional clients and gain a competitive edge amid the institutionalization wave in the cryptocurrency industry. Recently, several crypto companies, including Ripple, Circle, BitGo, Paxos, and Fidelity Digital Assets, have also applied for similar licenses, indicating that the industry is accelerating its alignment with the regulated financial system.