EDGE Markets raises $29.2m Series A from CoinFund to build payment rails and market-maker infrastructure

EDGE Markets has closed a $29.2m Series A led by CoinFund, with Indicator Ventures, Mantis VC, Stepstone Group, and Bullpen Capital also participating. For high-risk operators and their PSPs, the interesting part is not the funding round itself; it’s that EDGE is using the money to push into two pieces of infrastructure that usually sit awkwardly between the front end and the bank: deposits for regulated gaming and prediction markets, and post-trade settlement for market makers.

1. The round will fund EDGE Pro, which EDGE describes as the first high-throughput deposit account for market makers that enables real-time deposits into all CFTC-regulated exchanges. The product is aimed at two recurring pain points for institutional scaling: post-execution settlement across multiple liquidity pools and margin.
2. To support EDGE Pro, EDGE Markets is pursuing both Introducing Broker and Future Commission Merchant registrations with the National Futures Association. If secured, those licences would let users execute orders directly through their EDGE Pro accounts and settle post-execution across multiple liquidity pools, instead of the usual model where trading accounts must be pre-funded and fully collateralised. Users would also be able to plug in existing margin from third-party prime brokerages.
3. EDGE is also launching EDGE Connect, which it positions as the sector’s first payment rail purpose-built for regulated gaming and prediction markets. Rather than sending transactions through conventional consumer payment infrastructure, EDGE Connect operates as a real-time network that charges operators only on net new deposits over a 24 to 48 hour window.
4. The company says back-testing against major operators suggests payment processing cost reductions exceeding 70%. It also says EDGE Connect is designed to reduce churn costs, eliminate chargebacks, and provide a faster and more secure experience. The rail supports high-throughput Real Time Payments at no cost for users or operators, around the clock, with coverage across the majority of US banks and no integration requirement from operators.
5. Both EDGE Connect and EDGE Pro will be available at no charge for all early users and operators throughout 2026. EDGE Markets says its broader mission is to reduce friction for capital flowing through regulated markets, with a focus on gaming, crypto, and prediction markets.

For PSPs and acquiring teams watching this space, the message is pretty direct: EDGE is trying to move regulated gaming and prediction markets away from consumer-style payment flows and toward infrastructure that looks more like market plumbing. That matters because the operational headaches are different — settlement, margin, bank coverage, and chargebacks are the whole game, not a side issue.