EDX Markets, the CAPITAL MARKETS crypto trading venue and central clearinghouse backed by Citadel Securities, Fidelity Digital Assets, Charles Schwab, Paradigm, and Sequoia Capital, has closed a $76 million Series C, its first publicly disclosed funding round, with SBI Holdings as the sole investor. The capital will expand trading, clearing, and settlement capabilities, accelerate product development, and scale global operations as institutional demand for regulated digital asset infrastructure continues to rise. EDX recently launched EDX FlowConnect, a crypto-as-a-service offering enabling firms to launch digital asset trading products, and filed an OCC application to establish EDX Trust, a proposed national trust bank for regulated custody, clearing, and settlement with Ripple Prime already integrated for unified access to spot and perpetual futures liquidity, with RLUSD earmarked for settlement and collateral roles.

EDX Markets Secures $76 Million Series C Led by SBI Holdings to Scale Institutional Crypto Infrastructure