EDX Markets' funding round highlights the increasing institutional demand for regulated crypto infrastructure, potentially reshaping financial markets.
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The post Institutional Crypto Exchange EDX Lands $76M From SBI Holdings appeared on BitcoinEthereumNews.com.
EDX Markets, a cryptocurrency exchange focused on institutional investors, has raised $76 million in a Series C funding round led by Japan’s SBI Holdings, marking one of the larger funding rounds this year for crypto market infrastructure as institutional adoption continues to expand. The company said Monday it will use the proceeds to expand its spot trading, clearing and settlement services, develop new products and grow internationally. EDX operates a US-focused institutional spot exchange and a Singapore-based perpetual futures venue for eligible non-US institutional clients. The latest round builds on previous backing from traditional financial companies, including Citadel Securities, Fidelity Digital Assets, Virtu Financial and Charles Schwab, highlighting continued investor appetite for institutional crypto infrastructure despite a slower venture funding market. Source: E
The funding round comes as institutional investors continue backing crypto market infrastructure despite slower venture investment across the digital asset sector.
The post EDX Markets raises $76 million in Series C funding round led by SBI Holdings appeared on BitcoinEthereumNews.com.
EDX Markets, an institutional cryptocurrency trading platform, said it raised $76 million in a Series C funding round led by SBI Holdings. The company plans to use the funds to develop new products and grow internationally. EDX operates an institution-only crypto marketplace that separates trading from custody and settlement through a central clearinghouse. The model is designed to reduce counterparty risk and mirrors the structure used in traditional financial markets. SBI Holdings has been one of Japan’s most active financial groups in crypto. Its SBI VC Trade unit offers access to Ripple’s RLUSD stablecoin in Japan, while SBI Shinsei Trust Bank recently issued JPYSC, a yen-denominated stablecoin developed with Startale Group. Last month, SBI agreed to acquire crypto exchange Bitbank for 46.7 billion yen ($289 million), adding to its existing SBI VC Trade platfor
The post XRP Corporate Buying Lifts SBI VC Trade Past 2 Million Accounts appeared on BitcoinEthereumNews.com.
XRP News Japanese corporations are increasingly turning to XRP, a leading payments-focused altcoin, as a treasury and shareholder-reward asset, according to figures disclosed by SBI VC Trade. The exchange, owned by financial group SBI Holdings, crossed 2 million registered accounts on July 6, and its latest report attributes part of that growth to companies buying XRP and Bitcoin to fund bonuses and dividends. A historically weak yen has pushed local businesses to diversify reserves, with SBI channelling demand through its premium SBIVC for Prime corporate service. The firm also says it now leads Japan by the number of coins available for staking, adding passive-income appeal for corporate clients. A new distribution channel opened for the XRP ecosystem on July 6, when AI-driven banking and cross-border payments platform Nuvion integrated Ripple USD (RLUSD). The company’s offic
The post What are cross-chain bridges? Why they keep getting hacked appeared on BitcoinEthereumNews.com.
Blockchains cannot talk to each other on their own. Bridges are the software that moves value between them, and they have leaked more money to hackers than any other kind of crypto infrastructure, billions across a handful of catastrophic breaches. Here is how bridges actually work, the different trust models behind them, and why the connective tissue of crypto is also its most dangerous single point of failure. Summary Cross chain bridges move assets and data between separate blockchains by locking, burning, or swapping tokens through different trust models. The security of a bridge depends largely on how it verifies transactions, with cryptographic models offering stronger protection than signer based systems. Bridges remain one of crypto’s biggest security risks because they hold large pools of assets and rely on complex infrastructure that has repeatedly been targeted by hackers
Blockchains cannot talk to each other on their own. Bridges are the software that moves value between them, and they have leaked more money to hackers than any other kind of crypto infrastructure, billions across a handful of catastrophic breaches.…
The post Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification appeared on BitcoinEthereumNews.com.
Japanese companies are turning to bitcoin and XRP as a weak yen pushes them to diversify their corporate treasuries, according to SBI VC Trade, as the crypto exchange’s registered accounts passed 2 million. The crypto arm of financial group Tokyo-based SBI Holdings said use of its corporate service, SBIVC for Prime, has grown as the weak yen drives firms to spread reserves beyond cash, with added demand from companies that hand out bitcoin or XRP through shareholder-perk programs. It reported the account milestone on Tuesday, roughly double the 1 million it counted in 2025. The 2 million figure combines its VCTRADE and BITPOINT services and follows SBI VC Trade’s April 2026 merger with sister firm BitPoint Japan. The company plans to fully integrate the two brands around the end of December, which it said should cut costs and unify service levels. Source: https://w
