EDX Markets Closes $76M Series C Led by SBI Holdings

EDX Markets, an institutional-only crypto trading venue with its own central clearinghouse, closed a $76 million Series C funding round led by SBI Holdings, the firm said in a press release. The Tokyo-listed financial group becomes a strategic investor in the U.S. exchange. The capital will fund… According to The Defiant, edx markets, an institutional-only crypto trading venue with its own central clearinghouse, closed a $76 million series c funding round led by sbi holdings, the firm said in a press release. the tokyo-listed financial group becomes a strategic investor in the u.s. exchange. the capital will fund…. The development comes amid ongoing regulatory scrutiny in the sector. The Defiant reports that this marks a significant milestone for the industry. The The Defiant report provides additional context on the implications for market participants and regulatory frameworks moving forward.