Institutional crypto exchange EDX lands $76M from SBI Holdings

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 post Kucoin Locks In Exclusive Crypto Deal With UAE Team Emirates for Tour de France appeared on BitcoinEthereumNews.com. Key Takeaways Kucoin became the exclusive crypto exchange sponsor of UAE Team Emirates for 2026. Isaac del Toro won Stage 2 in Barcelona as Pogačar finished second on July 5. Pogačar is chasing a fifth Tour de France title during Kucoin’s sponsorship debut. According to the announcement shared with Bitcoin.com News, the crypto exchange’s branding now appears across the team’s buses, support vehicles, and fleet cars for the three-week race. Under the agreement, Kucoin holds exclusive rights in three categories: cryptocurrency exchanges, blockchain trading platforms, and crypto wallet services. No other exchange or blockchain brand can advertise alongside the team during the sponsorship term. UAE Team Emirates – XRG counts Tadej Pogačar among its riders. Pogačar has won the Tour de France multiple times and remains one of the sport’s most recognized names. Why Kuc

Kucoin announced Tuesday it has become the official cryptocurrency exchange partner of UAE Team Emirates – XRG, with the deal making its public debut at the 2026 Tour de France. According to the announcement shared with Bitcoin.com News, the crypto exchange’s branding now appears across the team’s buses, support vehicles, and fleet cars for the […]

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 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

The post 3,999,999,999 DOGE Moved to Binance in One of 2026’s Biggest Transfers appeared on BitcoinEthereumNews.com. In recent hours, nearly 4 billion Dogecoin has been moved in one of the biggest transfers so far in 2026. The massive Dogecoin figure was moved from major cryptocurrency exchange Binance to an unknown whale wallet at a fee of 1.5331 DOGE. “3,999,999,999 DOGE (299,505,966 USD) transferred from Binance to unknown wallet,” Whale Alert reported. The massive transfer follows a surge of network activity on the Dogecoin network. On July 5, Ali, a crypto analyst, reported a surge in Dogecoin network activity, with active addresses reaching nearly 50,000. It also comes as Dogecoin approaches a crucial support area that was instrumental to its strongest rallies in years. You Might Also Like Ali, in a previous tweet, pointed to $0.06 as the most important support level for Dogecoin. The analyst noted that this multi-year accumulation zone has historically marked the beginning of so

EDX Markets' funding round highlights the increasing institutional demand for regulated crypto infrastructure, potentially reshaping financial markets. The post Crypto infrastructure firm EDX Markets closes $76 million Series C led by SBI Holdings appeared first on Crypto Briefing.