Cryptocurrency Q&A Who owns IDEX?

Who owns IDEX?

Leonardo Leonardo Thu Aug 22 2024 | 5 answers 1011
Who exactly owns the decentralized exchange IDEX? Is it a centralized entity or a group of individuals, or perhaps it's fully decentralized with no clear ownership structure? With its unique model of being built on the Ethereum blockchain, does it mean that ownership is distributed among its users and token holders? Are there any specific founders or developers who have a significant stake or influence over the platform? Understanding the ownership structure of IDEX is crucial for investors and traders alike to assess its credibility and trustworthiness. Who owns IDEX?

5 answers

Michele Michele Sat Aug 24 2024
The cryptocurrency landscape is dominated by a select few large shareholders who hold significant influence in the market. Among these, Susquehanna International Group, LLP and Geode Capital Management, LLC are prominent names, showcasing their commitment to the growing industry.

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mia_rose_painter mia_rose_painter Sat Aug 24 2024
The Vanguard Extended Market Index Fund Investor Shares, represented by VEXMX, and the Vanguard Group Inc. further emphasize the involvement of institutional investors in the cryptocurrency space. Their presence underscores the maturity and legitimacy of the market.

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SamsungShine SamsungShine Sat Aug 24 2024
Fidelity Extended market Index Fund, identified as FSMAX, is another notable institution investing in cryptocurrencies, demonstrating the increasing acceptance of digital assets among traditional financial institutions.

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CryptoChieftain CryptoChieftain Sat Aug 24 2024
Notably, Susquehanna International Group, LLP appears twice in the list of largest shareholders, reinforcing their significant stake and influence in the cryptocurrency ecosystem.

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SamuraiWarriorSoulful SamuraiWarriorSoulful Fri Aug 23 2024
State Street Corp and Simplex Trading, LLC are also among the prominent shareholders, highlighting the diverse range of investors who have embraced cryptocurrencies as a viable asset class.

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