
EDX Markets, a Chicago, IL-based digital asset technology firm, has raised $76M in a Series C funding round led by SBI Holdings.
The company will use the funding to support its growth by expanding its trading, clearing, and settlement capabilities, accelerating product development, and growing its global operations.
As more institutional investors enter the digital asset market, EDX is expanding its secure and efficient trading infrastructure. The company combines digital asset technology with the transparency, reliability, and risk management standards used in traditional financial markets.
The investment reflects SBI Holdings ongoing commitment to expanding regulated digital asset infrastructure. The SBI Group recently launched JPYSC, Japans first trust bank backed yen stablecoin strengthening its digital asset ecosystem and reinforcing its focus on regulated financial services.
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"EDX has built and provides a robust, regulatory-compliant platform that addresses the growing demand for institutional digital asset infrastructure," said Yoshitaka Kitao, Representative Director, Chairman, President of SBI Holdings. "As SBI Group continues to expand its digital asset ecosystem through initiatives such as the issuance of JPYSC, a yen-denominated stablecoin, and the domestic handling of U.S. dollar-denominated stablecoins including RLUSD and USDC, we believe trusted market infrastructure will serve as a critical foundation for institutional adoption.
"We're pleased to welcome SBI as a strategic partner as we continue to expand our suite of digital asset products and services," said Tony Acuña-Rohter, CEO of EDX Markets. "SBI brings deep expertise serving global financial institutions and has built one of the world's leading digital asset and financial services ecosystems. Their extensive global network and proven track record of driving growth for innovative businesses make them an ideal partner who shares our vision for advancing institutional participation in digital assets.
About EDX
Founded in 2022, EDX is a digital asset technology company that operates an institutional-only cryptocurrency trading platform and central clearinghouse. Its flagship platform, EDX Markets, offers deep liquidity, competitive pricing and low trading costs while providing a secure and efficient trading environment designed to reduce risk and improve operational efficiency for institutional clients.
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