EDX Markets Secures $76M in SBI Holdings-Led Funding Round
Crypto exchange EDX Markets pulled in $76 million in a new funding round led by Japan's SBI Holdings, signaling continued institutional appetite for digital asset infrastructure.
EDX Markets just locked in $76 million in fresh capital, with the funding round led by SBI Holdings, the Japanese financial giant with deep roots in both traditional finance and crypto. That's a serious vote of confidence for a platform that was purpose-built to cater to institutional traders — not retail speculators chasing meme coins.
If you've been watching the institutional crypto space, you know EDX isn't your average exchange. It was founded with backing from heavyweights in traditional finance and designed to operate within a framework that big-money players actually trust. This latest raise suggests those players aren't walking away from crypto — they're doubling down on the infrastructure layer.
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SBI Holdings leading this round matters. The firm has been one of the most aggressive traditional financial institutions in Asia when it comes to digital assets, and having them write a check of this size sends a signal to the broader market. When institutions fund the pipes, it usually means they expect serious volume to flow through them.
For traders, the takeaway is straightforward: institutional infrastructure is still getting built out, and the smart money is backing platforms that prioritize compliance and reliability over hype. EDX's model — separating exchange functions from custody, for example — is the kind of structure regulators and institutions can actually work with long-term.
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