EDGE Markets raises $29.2M Series A for prediction market bank and payment rail
EDGE Markets closed a $29.2 million Series A funding round led by CoinFund, announced June 9. The New York-based fintech will build bank and payment infrastructure specifically for prediction market operators, including a high-throughput EDGE Pro platform for market makers and real-time deposit products tied to all CFTC-regulated exchanges. The company also debuted real-time payments services tailored to gambling and prediction market operators. The fundraise comes as Crypto.com debuts its own OG Prediction Markets platform, signaling intensifying infrastructure competition across the sector. CoinFund's lead investment marks one of the largest dedicated capital commitments to prediction market banking rails to date.
Wintermute's automated liquidity on Kalshi and Polymarket needs instant settlement rails to function. EDGE Pro's real-time deposits give market makers the banking speed required to bridge retail and institutional flow without reliance on traditional payment networks that treat prediction markets as high-risk merchants.
EDGE joins Galaxy Digital, Wintermute, and Sportradar in building institutional-grade prediction market infrastructure for Kalshi and Polymarket as the sector's plumbing race accelerates.