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

Quick Summary

EDX Markets solves the challenge of counterparty risk in crypto by providing a non-custodial institutional digital asset infrastructure. Through this $76 million Series C funding led by SBI Holdings, EDX will scale its secure, transparent marketplace, bridging the gap between traditional finance and digital asset trading for global institutions.

How does EDX Markets scale institutional digital asset infrastructure?

EDX Markets leverages its institutional digital asset infrastructure to provide a trading environment that mirrors traditional financial market structures. By utilizing a non-custodial exchange model, the platform ensures that assets are not held by the exchange itself, significantly reducing the risk of loss due to platform failure. The $76 million investment will be directed toward:

• Enhancing proprietary matching engine technology for lower latency.
• Expanding clearing house capabilities to streamline settlement processes.
• Broadening the digital asset selection available to institutional clients.

"We are thrilled to have the support of SBI Holdings and our existing investors as we continue to build the premier destination for institutional digital asset trading," said Tony Acuña-Rohter, CEO of EDX Markets. "This funding will allow us to further enhance our technology and expand our reach, ensuring that institutional participants have the tools they need to navigate the evolving digital asset landscape safely and efficiently."

What does the SBI Holdings partnership mean for EDX?

The involvement of SBI Holdings as the lead investor signals a major shift toward global institutional adoption. As a powerhouse in Japanese and international finance, SBI provides EDX with the strategic capital infusion and regional expertise necessary to expand beyond US borders. This partnership validates EDX's compliance-first trading approach, which has already attracted backing from industry giants like Charles Schwab and Citadel Securities. The funding brings EDX's total resources to a level that allows for aggressive market share acquisition in the institutional crypto space.

What results has EDX Markets delivered for institutions?

Since its inception, EDX has focused on operational excellence metrics that appeal to highly regulated entities. The platform has successfully processed significant trading volumes while maintaining a zero-custody risk profile. Key achievements highlighted by this round include:

• Securing $76 million capital in a competitive Series C environment.
• Maintaining strategic investor backing from five of the world's largest financial institutions.
• Building a transparent fee structure that eliminates the hidden costs often found in retail-focused crypto exchanges.

"EDX Markets has demonstrated a unique ability to combine the best practices of traditional finance with the innovation of the digital asset markets. We are excited to lead this Series C round and support EDX as they continue to set the standard for institutional digital asset infrastructure," said Yoshitaka Kitao, Representative Director, Chairman, President & CEO of SBI Holdings.

FF NEWS TAKE:

This $76 million raise for EDX Markets definitely moves the needle for the industry. While retail crypto remains volatile, the commitment from SBI Holdings and Citadel Securities proves that institutional digital asset infrastructure is the next major frontier in fintech. EDX’s non-custodial model is the exact blueprint needed to restore trust in digital markets post-FTX. This isn't just a funding story; it's a signal that the "adults in the room" are officially taking over crypto market infrastructure.