EDX raises $76M for institutional digital-asset infrastructure
EDX Markets’ Series C shows capital continuing to flow into exchange and clearing infrastructure for institutional digital-asset trading.
The institutional digital-asset market is being built around infrastructure rather than consumer speculation alone.
What happened
EDX Markets closed a $76M Series C led by SBI Holdings.
The company combines an institution-only digital-asset trading venue with a central clearinghouse and plans to expand its product capabilities and geographic reach.
Why it matters
The key signal is market structure.
Institutional investors often need clearer separation between trading, custody and clearing, along with operational standards that resemble established financial markets.
EDX is betting that more traditional exchange infrastructure can support greater institutional participation in digital assets.
The bigger picture
Crypto infrastructure is maturing unevenly.
Retail speculation remains volatile, but investors are still backing regulated or institution-oriented market plumbing. The companies that endure may look less like consumer apps and more like exchanges, clearing systems and financial infrastructure providers.