According to Foresight News, EDX Markets, an institutional cryptocurrency exchange, has announced the launch of its settlement platform, EDXM Global. The first companies to use the new platform for trade settlement are GSR and Virtu Financial. The platform aims to streamline the process of cryptocurrency transactions, making it easier and more efficient for institutions to trade and settle their digital assets. The involvement of GSR and Virtu Financial as the first users of the platform indicates a positive reception in the financial sector. Further details about the platform's features and its potential impact on the cryptocurrency market are yet to be disclosed.