EDX Markets raises $76M in Series C round led by SBI Holdings

U.S. institutional crypto platform EDX Markets announced it has secured $76 million in a Series C funding round led by major Japanese financial firm SBI Holdings. EDX Markets plans to use the funds to expand its trading, clearing, and settlement capabilities, develop new products, and grow its global business. The company previously applied for a charter from the U.S. Office of the Comptroller of the Currency (OCC) to establish a trust bank, EDX Trust.