Snapshot from Aug 13, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Business / EDX Markets $76M Series C led by SBI Holdings
Business funding round

EDX Markets $76M Series C led by SBI Holdings

Analysis based on 13 articles · First reported Jul 07, 2026 · Last updated Jul 08, 2026

Sentiment
40
Attention
4
Articles
13
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The funding reinforces institutional confidence in regulated crypto market infrastructure, potentially boosting adoption among traditional financial institutions. It does not directly affect crypto prices but supports the long-term growth of compliant trading venues.

Cryptocurrency Financial Services Technology
Event Summary

EDX Markets, an institutional crypto trading platform, raised $76 million in a Series C funding round led by Japan's SBI Group. The funding will support product development, global expansion, and infrastructure for trading, clearing, and settlement. EDX operates an institutional-only digital asset venue with a central clearinghouse, backed by major financial firms including Charles Schwab, Citadel Securities, Fidelity Investments — Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial. The company has applied for a national trust bank charter with the OCC. SBI Group, a Japanese financial conglomerate, deepens its digital asset strategy through this investment. The round signals continued institutional interest in regulated crypto infrastructure.

Key Actions
40 SBI Group developed
Entities Involved
stock
SBI Group
SBI Group led the funding round, deepening its involvement in U.S. institutional crypto infrastructure and expanding its digital asset ecosystem.
Importance 90.0 Sentiment 70.0
per
Tony Acuña-Rohter
CEO Tony Acuña-Rohter announced the funding and welcomed SBI as a strategic partner.
Importance 30.0 Sentiment 50.0
govactor
United States — Office of the Comptroller of the Currency
EDX Markets filed an application with the OCC to establish EDX Trust, a national trust bank for digital asset custody and settlement.
Importance 30.0 Sentiment 30.0
priv
Ripple Labs
Ripple Labs integrated with EDX Markets via Ripple Prime, providing institutional clients access to liquidity and using Redlands Unified School District for settlement.
Importance 25.0 Sentiment 50.0
cnt
United States
EDX Markets is U.S.-based and seeks OCC charter, highlighting U.S. regulatory engagement.
Importance 20.0 Sentiment 40.0
cnt
Japan
Japan-based SBI Group leads the round, reflecting Japan's progressive crypto regulation and cross-border investment.
Importance 20.0 Sentiment 40.0
stock
Charles Schwab Corporation
Charles Schwab is a backer of EDX Markets, supporting its institutional platform.
Importance 20.0 Sentiment 40.0
priv
Citadel Securities
Citadel Securities is a backer of EDX Markets, indicating confidence in its infrastructure.
Importance 20.0 Sentiment 40.0
subs
Fidelity Investments — Fidelity Digital Assets
Fidelity Investments — Fidelity Digital Assets is a backer of EDX Markets, supporting institutional crypto trading.
Importance 20.0 Sentiment 40.0
stock
Virtu Financial
Virtu Financial is a backer of EDX Markets, reflecting institutional interest.
Importance 20.0 Sentiment 40.0
per
Yoshitaka Kitao
SBI Group Chairman and CEO Yoshitaka Kitao commented on the investment, highlighting EDX's regulatory-compliant platform.
Importance 20.0 Sentiment 50.0
priv
Paradigm
Paradigm is a backer of EDX Markets, providing venture capital support.
Importance 15.0 Sentiment 40.0
priv
Sequoia Capital
Sequoia Capital is a backer of EDX Markets, having participated in previous rounds.
Importance 15.0 Sentiment 40.0
priv
Pantera Capital
Pantera Capital co-led the previous Series B round, showing continued support.
Importance 15.0 Sentiment 40.0
priv
FlexTrade
EDX integrated with FlexTrade to broaden access to spot and perpetual futures liquidity.
Importance 15.0 Sentiment 30.0
+ 13 more entities View on Dashboard
Relationships
SBI Group related ↔ Japan
United States — Office of the Comptroller of the Currency related ↔ United States
Ripple Labs related ↔ United States
United States ally ↔ Japan The United States considers Japan a cornerstone defense ally and a vital economic partner in the Indo-Pacific, with exte
United States related ↔ Charles Schwab Corporation
United States related ↔ Citadel Securities
Citadel Securities co-defendants ↔ Virtu Financial Citadel Securities is a co-defendant with Virtu Financial in ongoing class action lawsuits alleging market manipulation.
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