Edge Markets Raises $29.2M in Series A Funding Led by CoinFund

The round also saw participation from Indicator Ventures, Mantis VC, Stepstone Group, and Bullpen Capital.

The company plans to use the funds to grow its operations and continue developing its products.

EDGE Pro aims to solve two major challenges for institutional investors: managing post-execution settlement across multiple liquidity pools and handling margin requirements.

To support this, EDGE Markets is seeking registration as both an Introducing Broker and a Futures Commission Merchant with the National Futures Association. These approvals would allow users to place trades directly through their EDGE Pro accounts.

It would also enable settlement across different liquidity pools, improving capital efficiency compared to the current model, where all accounts must be fully pre-funded and collateralized. In addition, EDGE Pro users could use existing margin from third-party prime brokerages in a flexible, plug-and-play way.

EDGE Connect is designed to replace traditional payment systems with a real-time network that lowers transaction costs for operators. Instead of charging fees on every transaction, it charges only on net new deposits made over a 24–48 hour period. This helps operators reduce costs while giving users a faster and more secure payment experience.

The platform also reduces customer churn and eliminates chargebacks. According to back-testing with major operators, EDGE Connect can cut payment processing fees by more than 70%. In addition, it supports high-volume Real-Time Payments (RTP), allowing users and operators to move funds into accounts instantly, 24 hours a day, 365 days a year, at no cost.

Because most U.S. banks already support RTP, operators do not need to make additional integrations. To encourage the growth of the prediction market ecosystem, EDGE Markets will offer both EDGE Connect for operators and EDGE Pro for market makers free of charge to early users and operators throughout 2026.

Since launching a year ago, EDGE Markets' VISA debit card program, EDGE Boost, has processed more than $2 billion in transactions. This rapid growth has made it one of the fastest-growing debit card programs in VISA's history. The company has also partnered with ZeroHash to provide a compliant way for users to convert cryptocurrency into U.S. dollars, making it easier to access their funds.

EDGE Boost is the only banking platform built specifically for the gaming and prediction market industries. It gives users instant access to their money without hidden fees or many of the challenges commonly associated with traditional banks and gaming transactions. The platform also keeps gaming funds separate from everyday finances.

In addition, EDGE Boost provides tools that help users track and manage spending across multiple operators. Research conducted by EDGE Boost and Betting Hero found strong demand for such a product, with 85% of high-value gaming users saying they would be interested in a financial service designed specifically for gaming.

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"The biggest moments in gaming and prediction markets happen on nights and weekends, exactly when the banking system slows to a crawl. EDGE built the rails to match that reality. And, as institutions start to participate in these markets seriously, the ability to move capital in size, in real time, any day of the week, stops being a nice-to-have and becomes table stakes. We think EDGE becomes the default settlement layer for an entirely new category of financial markets," said Alex Felix, Co-Founder, Managing Partner and CIO of CoinFund.

"The core vision of EDGE Markets has always been to decrease friction for capital to flow in regulated markets. With the high velocity growth of prediction markets, we are excited to build and support the core infrastructure for traders to scale their activity efficiently. There are many talented groups building exchanges, but we're building the base station for capital allocation to address their real needs," said Seni Thomas, Founder and CEO of EDGE Markets.

About EDGE Markets

Founded by Seni Thomas, EDGE Markets is a US based banking platform that provides financial services for the betting, gaming, and casino industries. Its flagship product, EDGE Boost, is a betting-focused debit card account designed to promote responsible financial management. The account is FDIC insured up to $250,000 through Cross River Bank, Member FDIC, with the potential for additional FDIC insurance coverage of up to $10 million for eligible consumer accounts through the IntraFi Network Deposits program.

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