EDGE Markets Raises $29.2 Million to Build Settlement Layer for Prediction Markets

EDGE Markets has raised $29.2 million in a Series A funding round, led by CoinFund, with participation from Indicator Ventures, Mantis VC, Stepstone Group, and Bullpen Capital. The company specializes in building financial infrastructure for gaming, crypto, and prediction markets, aiming to streamline settlement and liquidity across regulated platforms. The funding will accelerate the development of EDGE Boost, a Visa debit program that has already processed over $2 billion in transactions since launch. EDGE Markets also collaborates with ZeroHash to offer compliant crypto-to-USD conversions, positioning itself as the only banking platform focused exclusively on gaming and prediction markets. A key focus is EDGE Pro, a platform designed for institutional market makers to enable high-throughput deposit accounts and real-time funding across liquidity venues. This system addresses inefficiencies in fragmented market infrastructure, such as full prefunding and collateralization requirements, by supporting post-execution settlement and third-party margin integration. EDGE Markets is pursuing regulatory approvals with the National Futures Association to facilitate direct trading through EDGE Pro accounts. Additionally, EDGE Connect will introduce real-time payment rails for gaming and prediction markets, replacing traditional payment systems with a continuous settlement network. The platform reduces transaction costs by charging fees only on net new deposits over 24-48 hours, with internal tests showing over 70% cost reductions in payment processing. It also supports 24/7 US banking transactions without additional integration for operators. Both EDGE Pro and EDGE Connect will be offered at no cost to early users in 2026, targeting operators and institutional traders. CoinFund co-founder Alex Felix noted that the infrastructure solves timing issues in financial markets, while EDGE Markets CEO Seni Thomas described the company as building a ‘base station for capital allocation’ across these ecosystems.