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EDX Markets completes $76 million Series C funding round, led by SBI Holdings
BlockBeats news, July 7 - EDX Markets announced the completion of a $76 million Series C funding round, led by SBI Holdings. EDX Markets is a digital asset technology company that combines an institution-only exchange with a central clearing platform.
EDX stated that this funding round will support the company's continued growth, used to expand trading, clearing and settlement capabilities, accelerate product development, and expand its global business. As institutional participation in digital assets continues to increase, EDX will meet institutions' demand for digital asset trading infrastructure through secure and efficient market infrastructure.
Earlier this year, EDX launched EDX FlowConnect™, a crypto-as-a-service solution that enables companies to securely launch digital asset trading products for their clients. EDX also recently filed an application with the Office of the Comptroller of the Currency (OCC) to form EDX Trust, a proposed national trust bank planned to provide regulated digital asset custody, clearing, settlement and risk management services.