Exchange record
Zedxion
UK-registered centralized digital-asset exchange whose corporate and regulatory position deteriorated sharply in 2026. OFAC designated Zedxion Exchange Ltd on 2026-01-30 for operating in Iran's financial sector and for materially supporting the IRGC. Companies House later dissolved the UK company through compulsory strike-off on 2026-05-12 after identifying misleading, false, or deceptive incorporation information. HEI classifies Zedxion as limited rather than dead because its public exchange website remained accessible and continued to advertise registration and trading after the corporate dissolution date.
Registry sequence
Key facts
URL handling
Summary
UK-registered centralized digital-asset exchange whose corporate and regulatory position deteriorated sharply in 2026. OFAC designated Zedxion Exchange Ltd on 2026-01-30 for operating in Iran's financial sector and for materially supporting the IRGC. Companies House later dissolved the UK company through compulsory strike-off on 2026-05-12 after identifying misleading, false, or deceptive incorporation information. HEI classifies Zedxion as limited rather than dead because its public exchange website remained accessible and continued to advertise registration and trading after the corporate dissolution date.
Timeline
Zedxion Exchange Ltd was incorporated in the United Kingdom on 2021-05-17. OFAC later identified it as a UK-registered digital-asset exchange and used the same establishment date in its designation record.
The U.S. Treasury's Office of Foreign Assets Control designated Zedxion Exchange Ltd under Iran-sector and counterterrorism authorities. Treasury stated that Zedxion-linked addresses had processed funds for wallets linked to the Islamic Revolutionary Guard Corps and designated the exchange for operating in Iran's financial sector and materially supporting the IRGC.
Companies House recorded the final compulsory strike-off and dissolution of Zedxion Exchange Ltd on 2026-05-12. The registrar stated that the action related to incorporation information or statements considered misleading, false, or deceptive. The public exchange website nevertheless remained accessible after the dissolution date, so HEI records a limited rather than terminal dead-side status.