EDX Markets Lands $76M From SBI Holdings To Build A Regulated Crypto Custody And Settlement Engine

EDX's funding and strategic partnerships could enhance institutional crypto trading infrastructure, fostering cross-border market integration. The post EDX Markets secures $76M in Series C funding from SBI Holdings appeared first on Crypto Briefing.

The post Institutional Crypto Exchange EDX Lands $76M From SBI Holdings appeared on BitcoinEthereumNews.com. EDX Markets, a cryptocurrency exchange focused on institutional investors, has raised $76 million in a Series C funding round led by Japan’s SBI Holdings, marking one of the larger funding rounds this year for crypto market infrastructure as institutional adoption continues to expand. The company said Monday it will use the proceeds to expand its spot trading, clearing and settlement services, develop new products and grow internationally. EDX operates a US-focused institutional spot exchange and a Singapore-based perpetual futures venue for eligible non-US institutional clients. The latest round builds on previous backing from traditional financial companies, including Citadel Securities, Fidelity Digital Assets, Virtu Financial and Charles Schwab, highlighting continued investor appetite for institutional crypto infrastructure despite a slower venture funding market. Source: E

The funding round comes as institutional investors continue backing crypto market infrastructure despite slower venture investment across the digital asset sector.

The post EDX Markets raises $76 million in Series C funding round led by SBI Holdings appeared on BitcoinEthereumNews.com. EDX Markets, an institutional cryptocurrency trading platform, said it raised $76 million in a Series C funding round led by SBI Holdings. The company plans to use the funds to develop new products and grow internationally. EDX operates an institution-only crypto marketplace that separates trading from custody and settlement through a central clearinghouse. The model is designed to reduce counterparty risk and mirrors the structure used in traditional financial markets. SBI Holdings has been one of Japan’s most active financial groups in crypto. Its SBI VC Trade unit offers access to Ripple’s RLUSD stablecoin in Japan, while SBI Shinsei Trust Bank recently issued JPYSC, a yen-denominated stablecoin developed with Startale Group. Last month, SBI agreed to acquire crypto exchange Bitbank for 46.7 billion yen ($289 million), adding to its existing SBI VC Trade platfor

The post XRP Corporate Buying Lifts SBI VC Trade Past 2 Million Accounts appeared on BitcoinEthereumNews.com. XRP News Japanese corporations are increasingly turning to XRP, a leading payments-focused altcoin, as a treasury and shareholder-reward asset, according to figures disclosed by SBI VC Trade. The exchange, owned by financial group SBI Holdings, crossed 2 million registered accounts on July 6, and its latest report attributes part of that growth to companies buying XRP and Bitcoin to fund bonuses and dividends. A historically weak yen has pushed local businesses to diversify reserves, with SBI channelling demand through its premium SBIVC for Prime corporate service. The firm also says it now leads Japan by the number of coins available for staking, adding passive-income appeal for corporate clients. A new distribution channel opened for the XRP ecosystem on July 6, when AI-driven banking and cross-border payments platform Nuvion integrated Ripple USD (RLUSD). The company’s offic

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The post Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification appeared on BitcoinEthereumNews.com. Japanese companies are turning to bitcoin and XRP as a weak yen pushes them to diversify their corporate treasuries, according to SBI VC Trade, as the crypto exchange’s registered accounts passed 2 million. The crypto arm of financial group Tokyo-based SBI Holdings said use of its corporate service, SBIVC for Prime, has grown as the weak yen drives firms to spread reserves beyond cash, with added demand from companies that hand out bitcoin or XRP through shareholder-perk programs. It reported the account milestone on Tuesday, roughly double the 1 million it counted in 2025. The 2 million figure combines its VCTRADE and BITPOINT services and follows SBI VC Trade’s April 2026 merger with sister firm BitPoint Japan. The company plans to fully integrate the two brands around the end of December, which it said should cut costs and unify service levels. Source: https://w

The post MEXC Reports First $100 Million Launchpad Round as SpaceX Demand Spills Into Tokenized Stock Trading appeared on BitcoinEthereumNews.com. MEXC, a pioneer in 0-fee digital asset trading, today released its June trading highlights. The second round of SPACEX (PRE) drew more than 36,000 participants and approximately 118 million USDT in subscriptions, the first time a single Launchpad round has passed $100 million. SpaceX futures ended June as the most traded US equity contract on the platform, and the tokenized SpaceX stock led all tokenized equities on the spot side. Alongside the SPACEX(PRE) Launchpad round, MEXC offered multiple ways to access SpaceX-related opportunities, spanning pre-IPO participation, futures trading, and tokenized equities. The SPACEX (PRE) sale followed a smaller first round in May and returned up to 38% during the reporting period. Demand for Pre-IPO access held from one month into the next, and the platform met it with a bigger book. Tokenized US stock