Institutional crypto marketplace EDX Markets has secured $76 million in fresh funding through a Series C round led by SBI Holdings to expand its market infrastructure and accelerate international growth.
According to the company, the fresh capital will be used to support investments in trading, clearing and settlement technology while advancing new products for institutional clients. EDX said it is responding to growing demand for regulated digital asset infrastructure by combining an institution-only trading venue with a central clearinghouse modeled on traditional financial markets.
“SBI brings deep expertise serving global financial institutions and has built one of the world’s leading digital asset and financial services ecosystems,” Tony Acuña-Rohter, CEO of EDX Markets, said in a statement. “Their extensive global network and proven track record of driving growth for innovative businesses make them an ideal partner who shares our vision for advancing institutional participation in digital assets. Their investment strengthens our ability to deliver the capabilities and market access that financial institutions need to engage with digital assets confidently and at scale.”
The funding also deepens EDX’s relationship with SBI, which has been expanding its regulated digital asset ecosystem through initiatives including Japan’s first trust bank-backed yen stablecoin, JPYSC.
