EDX Markets hoàn tất vòng gọi vốn Series C trị giá 76 triệu USD với SBI Holdings là nhà đầu tư duy nhất

Institutional crypto platform EDX Markets closed a $76 million Series C funding round with Japan's SBI Holdings as the sole investor, CEO Tony Acuña-Rohter told The Block. The equity round will help EDX expand its trading, clearing and settlement capabilities, accelerate product development and scale its global operations, with a focus on serving the next wave of institutions entering crypto, particularly large banks. Founded in 2022, EDX operates an institutional-only crypto trading venue with a central clearinghouse, aiming to bring traditional market structure to digital asset trading.

This is the first time EDX has disclosed the size of one of its funding rounds. Its previous two rounds were undisclosed but included backers such as Charles Schwab, Citadel Securities, Fidelity Investments, Sequoia Capital and Paradigm. Acuña-Rohter declined to disclose the terms of the Series C or EDX's valuation, saying the details are confidential.

SBI Holdings Invests $76 Million as Strategic Partner for Asia-Pacific Expansion

Acuña-Rohter said SBI is a strong strategic partner because of its global reach and experience in digital assets and financial services. The investment will allow EDX to "redouble" its efforts in the Asia-Pacific region while continuing to expand elsewhere globally.

SBI Holdings Representative Director, Chairman and President Yoshitaka Kitao said in a statement that EDX has built and provides a robust, regulatory-compliant platform that addresses the growing demand for institutional digital asset infrastructure. Kitao said trusted market infrastructure will be a critical foundation for institutional adoption as SBI expands its digital asset ecosystem through initiatives such as JPYSC and dollar-denominated stablecoins.

SBI has been increasing its focus on regulated digital asset infrastructure. The Tokyo-based financial group recently launched JPYSC, Japan's first trust bank-backed yen stablecoin. SBI Group is also involved in the domestic handling of U.S. dollar-denominated stablecoins, including RLUSD and USDC, according to a statement.

EDX Markets Expands Product Suite with FlowConnect and Trust Bank Application

Earlier this year, EDX launched EDX FlowConnect, a crypto-as-a-service offering that enables firms to launch digital asset trading products for their customers. EDX also recently filed an application with the Office of the Comptroller of the Currency to establish EDX Trust, a proposed national trust bank designed to provide regulated digital asset custody, clearing, settlement and risk management services.

"The funding gives us flexibility to invest in the areas that matter most to our institutional clients," Acuña-Rohter said. "We're focused on building the kind of market infrastructure institutions expect. That means bringing together the efficiency and innovation of digital assets with the transparency and risk management standards of TradFi [traditional finance]."

FAQ

What is the size of EDX Markets' Series C funding round? EDX Markets closed a $76 million Series C funding round with Japan's SBI Holdings as the sole investor. This is the first time EDX has disclosed the size of one of its funding rounds.

Why did SBI Holdings invest in EDX Markets? SBI Holdings invested in EDX Markets because the platform provides robust, regulatory-compliant infrastructure that addresses growing institutional demand for digital asset services. The investment allows EDX to expand efforts in the Asia-Pacific region while SBI expands its digital asset ecosystem through initiatives such as JPYSC and dollar-denominated stablecoins.

What products has EDX Markets launched recently? Earlier this year, EDX launched EDX FlowConnect, a crypto-as-a-service offering that enables firms to launch digital asset trading products for their customers. EDX also recently filed an application with the Office of the Comptroller of the Currency to establish EDX Trust, a proposed national trust bank for regulated digital asset custody, clearing, settlement and risk management services.