EDGE Markets Secures $29.2 Million in Series A Funding, Led by CoinFund

Odaily Odaily Planet Daily News: EDGE Markets, a financial infrastructure for cryptocurrencies and prediction markets, announced the completion of a $29.2 million Series A funding round, led by CoinFund, with participation from Indicator Ventures, Mantis VC, StepStone Group, and Bullpen Capital. The new funds will be used to launch EDGE Pro, a high-throughput capital account product for market makers. This product connects to US CFTC-regulated exchanges for real-time fund transfers and leverages a unified settlement and margin system to enhance institutional capital efficiency. The company is also advancing its applications for US NFA Introducing Broker and Futures Commission Merchant licenses. (Prnewswire)