DeFi Intel

SBI leads $76m Series C for institutional crypto trading venue EDX Markets

Today EDX Markets, the institutional digital asset trading venue backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu Financial, announced the closing of a $76 million Series C funding round led by SBI Holdings.

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SBI led the round alongside Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia and Virtu, part of a Japanese buildout that also saw SBI buy exchange Bitbank for about $289 million.

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