EDX Markets, a digital asset technology firm that operates an institutional‑only trading venue paired with a central clearinghouse, has closed a $76 million Series C funding round led by Japanese financial conglomerate SBI Holdings. The capital will be used to expand EDX’s trading, clearing and settlement capabilities, accelerate product development and scale its global operations as institutional demand for regulated digital asset infrastructure continues to rise.
EDX’s core platform is designed to emulate sophisticated traditional exchanges while separating exchange, clearing and custody functions to minimize counterparty risk for institutional participants. Its flagship marketplace offers deep liquidity, firm prices and low trading costs for institutions, and is complemented by a central clearinghouse that settles trades without bilateral counterparty exposure and a Singapore‑based perpetual futures marketplace operated by EDXM International. Backed by firms including Citadel Securities, Fidelity Digital Assets and Charles Schwab, EDX positions itself as a bridge between digital asset innovation and the resilience, transparency and risk‑management standards expected in traditional financial markets.
The strategic investment from SBI builds on the group’s broader push into regulated digital assets. SBI recently launched JPYSC, Japan’s first trust‑bank‑backed yen stablecoin, and has been expanding its digital asset ecosystem around products such as RLUSD and USDC for cross‑border and corporate flows. SBI frames trusted market infrastructure as a critical foundation for institutional adoption and sees EDX’s non‑custodial, regulatory‑aligned model as complementary to its stablecoin and digital finance initiatives.
EDX continues to evolve its offering to meet institutional needs. Earlier in 2026, it launched EDX FlowConnect, a crypto‑as‑a‑service platform that lets banks and brokers white‑label institutional‑grade liquidity, trading, clearing and settlement to offer digital asset products to their own customers. The firm has also filed an application with the US Office of the Comptroller of the Currency to establish EDX Trust, a proposed national trust bank intended to provide regulated digital asset custody, clearing, settlement and risk‑management services, aligning its operating model even more closely with traditional financial market infrastructure.
KEY QUOTES:
“We’re pleased to welcome SBI as a strategic partner as we continue to expand our suite of digital asset products and services. 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. Their investment strengthens our ability to deliver the capabilities and market access that financial institutions need to engage with digital assets confidently and at scale.”
Tony Acuña‑Rohter, CEO, EDX Markets
“EDX has built and provides a robust, regulatory-compliant platform that addresses the growing demand for institutional digital asset infrastructure. 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 look forward to working closely with EDX to accelerate innovation, expand market access and help drive the broader use of digital assets globally.”
Yoshitaka Kitao, Representative Director, Chairman and President, SBI Holdings
