Prediction market-specific bank and payment infrastructure EDGE Markets has raised $29.2 million in Series A funding, led by CoinFund.

CoinFeed reported on June 8th that EDGE Markets announced the completion of a $29.2 million Series A funding round, led by CoinFund, with participation from Indicator Ventures, Mantis VC, Stepstone Group, Bullpen Capital, and others. The company will launch EDGE Pro, a high-throughput banking platform for prediction market makers, supporting real-time deposits to all CFTC-regulated exchanges through a single account. It also plans to apply for Introducing Broker and FCM licenses to enable post-settlement of multiple liquidity pools and access to third-party margin.