Woofun AI reports that EDX Markets has finalized a $76 million Series C financing round, with SBI Holdings acting as the lead investor. The institutional digital asset trading platform intends to deploy these funds toward enhancing its trading, clearing, and settlement infrastructure, while also accelerating product development and the global expansion of its institutional services. Previously, the firm introduced EDX FlowConnect to facilitate compliant digital asset trading for enterprises.

Furthermore, EDX has filed an application with the U.S. Office of the Comptroller of the Currency to establish EDX Trust, seeking to create a federally regulated system for digital asset custody, clearing, settlement, and risk management.