#settlement engine

The post EDX Markets Lands $76M From SBI Holdings To Build A Regulated Crypto Custody And Settlement Engine appeared on BitcoinEthereumNews.com. When EDX Markets filed to create a national trust bank, it wasn’t just asking for a new charter. It was laying the groundwork to become the dominant regulated settlement venue for institutional digital asset trading. On Tuesday, it secured $76 million more to accelerate that vision, closing a Series C round led by SBI Holdings, according to the funding update. The fresh capital will expand EDX’s trading, clearing, and settlement infrastructure and scale global operations. It also comes just months after the exchange launched EDX FlowConnect, its crypto-as-a-service platform, and applied to the U.S. Office of the Comptroller of the Currency to establish EDX Trust, a national trust bank for regulated digital asset custody, clearing, and settlement. SBI’s leadership of the round signals that serious institutional money is betting the platform can