EDX Markets has successfully secured $76 million through a Series C funding round, primarily backed by SBI Holdings. The announcement made on July 7, 2026, highlights the growing interest in the crypto exchange industry, particularly among institutional investors.

Significance of this Investment

This funding is pivotal as it not only adds a notable Japanese financial firm to EDX’s investor lineup but also supports its objective to enhance digital asset infrastructure tailored for institutional use. The funds will be utilized for:

  • Expanding trading and clearing operations
  • Enhancing product development
  • Increasing market presence outside the United States

CEO Tony Acuna-Rohter emphasized that the experience of SBI Holdings in serving global financial institutions aligns perfectly with EDX’s mission. With these resources, EDX aims to provide institutions with secure and substantial access to the digital asset market.

SBI’s Expanding Role in Digital Assets

SBI Holdings is making strides in the digital asset sector, having recently launched JPYSC, Japan’s first stablecoin backed by a trust bank. The company has also been engaged in managing U.S. dollar stablecoins like RLUSD and USDC within Japan.

According to Yoshitaka Kitao, chairman and president of SBI, the partnership with EDX will foster innovation and broaden the availability of digital assets. He pointed out that EDX’s market infrastructure is in line with the surging demand for regulated offerings among institutional investors.

Future Prospects

EDX is not just focusing on operational expansions; the funding will also support its pursuit of a national trust bank charter. The company has submitted an application to the Office of the Comptroller of the Currency (OCC) for establishing EDX Trust, which will aim to provide regulated custody, clearing, and risk management services if approved. Furthermore, EDX has recently introduced a new service, EDX Flowconnect, enabling firms to create their own digital asset trading services for clients.

What’s Next?

As EDX continues its expansion and seeks regulatory approval for its trust charter, the implications of this investment will be significant. With a sound infrastructure in place, organizations such as banks and asset managers may find it easier to participate in the crypto markets. It remains to be seen how this development will influence the broader industry and the influx of capital into cryptocurrency.

This material is for informational purposes only and should not be considered financial advice.