SBI Takes Stake in EDX Markets After Leading Series C Round
MT Newswires Live
Jul 08
SBI (TYO:8473) invested $76 million into EDX Markets as the exclusive investor in its Series C equity funding, according to a statement on Tuesday.
The institutional crypto trading platform kept valuation and deal terms private, marking its first disclosed round size.
EDX plans to use the fresh capital to boost clearing systems, speed up product builds, and broaden global operations for large banks.
The firm aims to blend digital asset innovation with traditional finance safeguards to attract more institutional players.
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