EDX Markets closed a $76 million Series C funding round led by SBI Holdings, the company announced on July 7, 2026, as the institutional crypto exchange platform pushes to expand its trading,
EDX Markets closed a $76 million Series C funding round led by SBI Holdings, the company announced on July 7, 2026, as the institutional crypto exchange platform pushes to expand its trading, clearing and settlement infrastructure.
TLDR: Key Points
- EDX Markets raised $76 million in a Series C round led by Japan's SBI Holdings.
- The capital will fund expanded trading, clearing and settlement capabilities, product development and global operations.
- The raise comes after EDX launched its FlowConnect platform in January and filed an OCC application for a national trust bank in April.
What happened in EDX Markets' $76 million Series C round
EDX Markets, which operates an institutional digital asset exchange that separates trading from custody through a central clearinghouse, said the financing will fund expansion across multiple business lines. The company cited trading, clearing and settlement capabilities, accelerated product development and scaled global operations as priorities for the capital. For related coverage, see Telegram Wallet Offers Tokenized SK Hynix Shares via xStocks.
Series C Funding Round
$76 million EDX Markets said the round, led by SBI Holdings, will support expanded trading, clearing, settlement, product development and global operations.
SBI Holdings takes the lead investor role
SBI Holdings, the Tokyo-based financial services conglomerate, led the round. SBI Group recently launched JPYSC, described as Japan's first trust bank-backed yen stablecoin, signaling its own deepening commitment to digital asset infrastructure. For related coverage, see Thailand Targets High-Value USDT Trades in Grey Capital Crackdown.
SBI Holdings CEO Yoshitaka Kitao framed the investment in institutional terms.
"We believe trusted market infrastructure will serve as a critical foundation for institutional adoption."
— Yoshitaka Kitao, CEO, SBI Holdings
EDX Markets CEO Tony Acuna-Rohter said the company is "pleased to welcome SBI as a strategic partner" as it continues to expand its digital asset products and services.
Why SBI Holdings' backing matters for EDX Markets
A Series C lead investor typically provides more than capital. SBI Holdings brings established relationships across Asian financial markets and its own digital asset infrastructure, including the JPYSC stablecoin, which could create cross-border settlement pathways that complement EDX's clearinghouse model.
Building toward regulated infrastructure
The funding announcement sits alongside two earlier milestones in EDX's 2026 roadmap. In January, the company launched FlowConnect, a crypto-as-a-service product designed for firms that want to offer digital asset trading without building their own infrastructure from scratch.
In April, EDX filed an application with the Office of the Comptroller of the Currency to establish EDX Trust, a proposed national trust bank for digital asset custody, clearing, settlement and risk management. If approved, EDX Trust would give the platform a regulated banking charter, a significant differentiator in a market where custody remains a key concern for institutional allocators.
The combination of FlowConnect, the OCC application and now the Series C capital suggests EDX is assembling a full-stack institutional offering. That approach mirrors the kind of infrastructure-scale investment happening elsewhere in crypto, where firms are committing significant capital to long-term buildouts rather than short-term trading plays.
What the funding round could signal for crypto market infrastructure
EDX raised its Series C into a cautious broader market. Bitcoin traded near $63,902, down roughly 0.66% over the prior 24 hours, while the total crypto market cap sat at approximately $2.28 trillion. The Fear and Greed Index registered 26, firmly in "Fear" territory.
That backdrop makes the size of the raise notable. Institutional infrastructure companies attracting fresh capital during periods of cautious market sentiment suggests that long-term investors are distinguishing between short-term price action and the structural build-out of digital asset markets.
The regulatory dimension also matters. With EDX pursuing an OCC-regulated trust bank, the company is betting that institutional adoption will increasingly flow through traditionally regulated channels rather than around them. That positioning aligns with a broader pattern where regulatory clarity remains a defining factor for crypto companies seeking institutional credibility.
Investors tracking EDX Markets should watch for updates on the OCC application for EDX Trust and the international expansion that the Series C capital is intended to fund.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
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