What to know:
- Funds will expand trading, clearing, and global operations, showing renewed institutional interest amid clearer U.S. crypto regulation.
- EDX launched EDX FlowConnect and filed with the OCC for EDX Trust, aiming to offer regulated custody, clearing, and settlement for institutions.
- The raise reflects 2026’s move from retail tokens to institutional rails. Growth depends on regulatory approval and institutional adoption.
EDX Markets, a cryptocurrency exchange licensed by financial institutions in the U.S. managed a $76 million Series C funding round led by SBI Holdings.
The new capital will be used to expand trading and clearing, develop new products, and open new operations globally. The fundraise suggests that major companies from the world of financial institutions are coming back in full force because of more clarity about regulations on digital assets.
About The Financing and Related Players
An institutional exchange where EDX Markets is the only customer is designed to keep orders and custody separated through it. SBI, a leading player in Japanese banking and finance sector, took the lead of EDX Series C round. The cooperation between traditional banking world and blockchain-based asset services becomes visible from this fact.
In mid 2026, EDX Markets brought in a crypto-as-a-service platform called EDX FlowConnect and at the same time applied to the United States Office of the Comptroller of the Currency (OCC) requesting the recognition of EDX Trust, a national trust bank to be used for custody, clearing, and settlement of digital assets that are regulated, that EDX is planning.
Also Read: Citadel Securities-Backed EDX Markets Applies for US Trust Bank Charter
Why It Matters to the Industry
The financing round happened to align with the deepening involvement of both the OCC and SEC with digital asset custody and clearing standards.
A regulated custody institution, if EDX Markets is authorized, can act as a template for others by showing compliance to various authorities. The main focus will be to grow the EDX FlowConnect services, cover more markets (jurisdictional expansions), and file the OCC application ahead of time.
Asset management company, broker dealers, and fund investors may feel assured that they are not at the mercy of a single counterparty thanks to the joint venture between EDX.
For developers and liquidity providers, EDX FlowConnect grants a plug-and-play way of accessing EDX API without the need of developing their own sets of compliance rails.
The investment also proves macro trend for 2026: a shift from capital being directed mainly at the retail market to more and more investors and institutions looking to the infrastructure layer rather than the token itself.
Also Read: Sberbank to Launch Crypto Wallet and Digital Asset Depository in 2026
Market Context and What Comes Next
Institutional investors were limited by a divided market structure and a higher degree of custody risk. EDX model and the proposed EDX Trust want to fix this point by bringing the security of the exchange and the safeguards typically found in a bank together.
Still, whether EDX Markets will succeed mainly depends on two factors: the regulators’ green light and how many institutions will actually use the service as a regulated on-ramp.
Also Read: Why LIT Could Be the Next Crypto to Watch After Breakout Above Key Resistance
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