EDX Markets raises $76 million in funding round led by SBI Holdings

EDX Markets, a crypto trading platform, announced it has raised $76 million in a recent funding round led by SBI Holdings. The platform's approach involves separating trading activities from custody services by using a central clearinghouse. This structure is designed to minimize counterparty risk, which is a major concern for institutional investors engaging in crypto markets. The funding will likely support EDX's efforts to expand its services and improve infrastructure for large-scale traders. This development indicates growing institutional confidence and interest in more secure and efficient crypto trading solutions. The involvement of SBI Holdings, a prominent Japanese investment firm, underscores the increasing global interest in institutional-grade crypto trading platforms.