EDGE Markets Raises $29.2M to Build Payments and Settlement Infrastructure for Prediction Markets

EDGE Markets has closed a $29.2 million Series A led by CoinFund, with Indicator Ventures, Mantis VC, StepStone Group, and Bullpen Capital also participating. For high-risk operators and PSPs, the point is not the fundraising itself; it is that EDGE is pushing into the plumbing around regulated betting and prediction markets, where deposits, settlement, and chargebacks are often the real bottlenecks.

1. EDGE Pro sits at the center of the company’s plan. The product is meant to address capital allocation across multiple exchanges, where firms often have to spread liquidity across venues and end up slowing execution. EDGE says Pro will allow real-time deposits and post-trade settlement across multiple liquidity pools.
2. The company is also seeking registrations with the National Futures Association as an introducing broker and a futures commission merchant. If those registrations are approved, users would be able to trade and manage settlement through a single account, and the model would also allow margin to be added from third-party prime brokers.
3. EDGE is not an empty slide deck. Its debit program, EDGE Boost, has already processed billions of dollars in transactions. The company is using that existing activity as the base for its next products, including tools that separate gaming spend from everyday finances.
4. On the payments side, EDGE Connect is the next piece. It is being built as a dedicated payment solution for gaming and prediction markets, with the company saying it is designed to handle instant transfers while reducing deposit costs and chargebacks during traffic spikes.
5. EDGE says the system could reduce operator payment processing costs by more than 70%. The pricing model is different from traditional setups: fees apply only to net new deposits over a set period. EDGE says operators using the product could lower customer acquisition costs and improve retention, while users get faster access to funds.

The company’s pitch is straightforward enough: when regulated betting and prediction markets get more activity, the pressure lands on funding, settlement, and payment rails first. That is exactly where EDGE is trying to sit.