The move builds on Wintermute’s recent infrastructure expansion, giving the market maker a regulated foothold in US equities, options and crypto-linked exchange-traded products (ETPs).
The Series C funding aligns with growing demand for digital asset integration across the industry, and will allow EDX Markets to enhance its institutional-focused trading, clearing and settlement capabilities.
Strategic investment is the first institutional funding round for Crypto.com; move ups value of the business to $20 billion.
Service moves beyond trials following industry testing with more than 50 firms including BlackRock, Citi, Goldman Sachs, JP Morgan, Morgan Stanley and State Street.
The transition deadline came to an end of 1 July 2026, and will also mean non-EU entities cannot provide crypto-asset services to EU clients, nor can certain services be outsourced to unauthorised firms.
The transaction took place on the Canton Network between Franklin Templeton and Virtu Financial, and comes amid growing institutional momentum behind tokenised real-world assets.
The 50-50 split venture will allow OKX clients to access ICE futures and NYSE tokenised equities markets and follows ICE’s $25 billion investment into OKX in March 2026.
If approved, the SEC filing will enable tokenised trading of Russell 1000 stocks and major-index ETFs; the exchange is currently set to expand to 23/5 US equities trading on its exchange in late 2026.
HSBC, BNP Paribas, Citadel Securities, CME Ventures and Broadridge among investors backing latest round as focus shifts to regulated blockchain market infrastructure.
The license – granted via Virtu’s Irish subsidiary – will allow the firm to offer a suite of regulated crypto-asset services under a single framework, including trading and liquidity provision capabilities.