Cryptocurrency exchange EDX Markets completes $76 million Series C funding, led by SBI Holdings
By: rootdata|2026/07/07 13:42:09
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Cryptocurrency exchange EDX Markets, supported by Wall Street giants, announced the completion of a $76 million Series C funding round, led by Japanese financial group SBI Holdings. The funds will be used to expand its institutional digital asset trading, clearing, and settlement capabilities, accelerate product development, and drive global business expansion.
SBI previously launched the yen stablecoin JPYSC, supported by trust banks, and plans to handle dollar stablecoins such as RLUSD and USDC in Japan. This investment is seen as part of its strategy to strengthen compliance and digital asset infrastructure. Earlier this year, EDX launched the "EDX Flow Connect" crypto-as-a-service product and submitted an application to the Office of the Comptroller of the Currency (OCC) to establish a regulated custody and clearing institution, EDX Trust, to provide custody, clearing, settlement, and risk management services for institutions.
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