EDGE Markets Completes $29.2M Series A Led by CoinFund

According to ChainCatcher, prediction market infrastructure company EDGE Markets announced today 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 funding will support the launch of EDGE Pro, a banking platform for prediction market market makers featuring high-throughput deposit accounts and real-time fund transfers between CFTC-regulated trading platforms, and EDGE Connect, a real-time payment network (RTP) designed to reduce payment processing costs by over 70% compared to traditional channels.