EDX Markets Closes $76 Million Series C Led by SBI Holdings
Updated
Updated · Markets Media · Jul 8
EDX Markets Closes $76 Million Series C Led by SBI Holdings
3 articles · Updated · Markets Media · Jul 8
Summary
$76 million in fresh capital will fund EDX Markets’ expansion of trading, clearing and settlement services, faster product development and broader global operations.
SBI Holdings led the Series C, giving EDX a strategic partner as the institutional-only digital-asset venue targets rising demand for regulated market infrastructure.
EDX has already widened that push this year with FlowConnect, a crypto-as-a-service product, and an OCC application for EDX Trust, a proposed national trust bank for custody, clearing and settlement.
The deal also fits SBI’s wider digital-asset buildout, which includes Japan’s first trust bank-backed yen stablecoin, JPYSC, and domestic distribution of dollar stablecoins such as RLUSD and USDC.