Misleading post.
EDX’s backers are consistently listed as Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu Financial , plus later investors like Miami International Holdings, GTS, GSR, DV Trading and Hudson River Trading. Goldman Sachs does not appear in any backer list. So that part of the post is wrong.
The core partnership claim holds up, and the “single gateway to spot and futures liquidity” framing matches the official description.
The “$7 trillion AUM” figure still isn’t sourced in any coverage — it doesn’t appear in EDX or Ripple materials, so treat it as a number someone added themselves.
So: partnership real, “gateway” framing accurate, Goldman is an error, and the $7T figure is unsubstantiated.
@aleabitoreddit Kudos! I panick sold for 100% profit. Could have been a lot more if i stayed true. Great call out and conviction on your end. I think there will be plenty of buying opportunity (hopefully) since this is buy the news and no concrete revenue yet.