Predictive market infrastructure company EDGE Markets completes $29.2 million Series A financing, led by CoinFund
By: rootdata|2026/06/09 04:45:00
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According to PR Newswire, the prediction market infrastructure company EDGE Markets announced the completion of a $29.2 million Series A financing round, led by CoinFund, with participation from Indicator Ventures, Mantis VC, Stepstone Group, and Bullpen Capital. This round of financing will be used to launch the banking platform EDGE Pro for prediction market market makers, as well as the payment network EDGE Connect designed specifically for entertainment and prediction markets.
Among them, EDGE Pro will provide market makers with high-throughput deposit accounts, supporting real-time fund transfers and settlements between trading platforms regulated by the U.S. Commodity Futures Trading Commission (CFTC). The company is applying for Introducing Broker (IB) and Futures Commission Merchant (FCM) licenses from the National Futures Association (NFA) to enhance capital efficiency and support margin management.
EDGE Connect is positioned as a payment network dedicated to the prediction market industry, enabling 24/7 real-time payments (RTP) and reducing transaction costs through a model that only charges for new net deposits. The company stated that compared to traditional payment channels, this system can reduce payment processing costs by more than 70%, while also decreasing refunds and user churn.
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