EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk.
Fundraising
EToro invests in onchain derivatives platform Extended as brokers race into DeFi
The broker plans to bring perpetual futures into Zengo wallet and expand DeFi products to its core platform as rivals like Robinhood expand onchain offerings.
Canton Network developer raises $355 million to bring Wall Street onchain
The investment comes as blockchains designed for big banks and institutions are having a moment, with Stripe’s Tempo and Circle’s Arc raising hundreds of millions of dollars.
Zerohash pursues new funding at more than $1.5 billion valuation after Mastercard drops investment plans
Crypto infrastructure providers are drawing renewed investor interest as Wall Street deepens its push into digital assets.
Stablecoin yield infrastructure project raises $13.5M in round led by Sky Ecosystem
Osero is coming with three products: Earn, App, and Foundry.
Josh Swihart’s Zcash Open Development Lab raises $25 million in seed funding
The capital will be used to expand development of the Zcash (ZEC) protocol and its privacy-focused self-custodial mobile wallet, Zodl.
Kalshi, Polymarket seeking $20 billion valuations in fundraising talks: WSJ
Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.
Utila Raises $22M, Triples in Valuation as Stablecoin Infrastructure Demand Surges
Circle’s IPO and Stripe acquiring stablecoin startup Bridge were the “bitcoin ETF moments” for stablecoin adoption, Utila CEO Bentzi Rabi said in an interview.
Deutsche Bank Invests in Blockchain Payment Network Partior
Deutsche Bank joined Partior’s Series B funding round as a strategic investor.
Partior raised a total of $80 million in the round.
Other investors in the blockchain-based clearing firm include JPMorgan, Jump Trading and Standard Chartered.
Ellipsis Labs Raises $21M to Launch ‘Verifiable Finance Blockchain’ Atlas
(Gerd Altmann/Pixabay)