EDGE Markets raises $29.2 million and rolls out real-time payments for prediction markets

EDGE Markets has closed a $29.2 million Series A and is now pushing instant money movement deeper into prediction markets. For PSPs and banking partners, the point is simple: if the market trades 24 hours a day, the payment stack has to move almost as fast.

1. CEO Seni Thomas told CNBC on Monday, June 8, that EDGE Markets raised the new funding round and is launching a real-time payments system called EDGE Connect. He said users can sign into EDGE consumer bank accounts and push out up to $10 million per day, with funds landing in a Kalshi account within two minutes.
2. EDGE Connect is available through EDGE Boost, a financial platform that only permits deposits for spending on gambling and prediction markets. Thomas said the system is already live on Kalshi, and EDGE Markets is working to bring it to five other platforms over the coming months.
3. The company is also launching EDGE Pro, aimed at institutional market makers moving money between prediction markets overseen by the Commodity Futures Trading Commission. Thomas’s pitch is that institutional trading in this space now means dealing with “10 different liquidity pools” offering very similar contracts, which makes fast payment infrastructure part of the trading stack, not an afterthought.
4. CNBC said EDGE Markets was founded in 2020 by Thomas and launched EDGE Boost last March. That platform has since processed more than $2 billion in transactions.

The timing is consistent with broader consumer behaviour around instant money movement: PYMNTS Intelligence found that 74% of consumers said they had received at least one payout instantly in November, the highest level recorded since tracking began six years ago. For high-risk operators, the commercial takeaway is plain enough — instant payouts are moving from a nice-to-have to a baseline expectation, especially where deposits, withdrawals, and trading activity need to keep pace with nonstop markets.