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.
Make preferred on
Share this article
Summary
- EDX Markets, a crypto trading platform for institutions, raised $76 million in a fundraising round led by SBI Holdings to support product development and international growth.
- EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk.
- The platform is expanding beyond spot trading with its “FlowConnect” product and has applied for a U.S. national trust bank charter.
