EDX Markets Secures $76M from SBI Holdings for Institutional Crypto Expansion
EDX Markets has raised $76 million from SBI Holdings to enhance its institutional cryptocurrency trading services. This funding supports EDX's bid for an OCC Trust Charter and aims to minimize counterparty risk through a central clearinghouse, reflecting ongoing institutional interest in the crypto market.
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EDX Markets raises $76M from SBI for institutional crypto push
EDX Markets raises $76M from SBI Holdings to expand institutional crypto trading, clearing, settlement, and digital asset services globally.
SBI Holdings Backs EDX Markets With $76 Million, Fuels OCC Trust Charter Bid
EDX Markets closed a $76 million Series C funding round led by SBI Holdings, the Chicago-based crypto exchange operator announced Tuesday. The latest round adds a major Japanese financial backer to EDX’s cap table as the firm pushes deeper into institutional digital asset infrastructure. EDX operates an institution-only trading venue paired with a central clearinghouse, […]
Institutional crypto exchange EDX lands $76M from SBI Holdings
The funding round comes as institutional investors continue backing crypto market infrastructure despite slower venture investment across the digital asset sector.
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk.