EDX Markets Launches Clearinghouse for Crypto Trading and Announces Completion of Series B Funding Round
Jan 23, 2024•almost 2 years ago
Investors
ParadigmMiami International HoldingsHrt TechnologyGtsGsr Markets LtdDv CryptoCharles SchwabVirtu FinancialFidelity Digital Assets SmCitadel SecuritiesSequoia CapitalPantera Capital
Description
EDX Markets announced the successful launch of its digital asset clearinghouse, EDX Clearing, and the completion of its Series B investment round, with new investor Pantera Capital co-leading with founding investor Sequoia Capital. The new funding will support EDX as it continues to develop its technology and will fund EDX’s global expansion.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers