Earn with Nexo
EDGE Markets launches EDGE Connect and EDGE Pro, raises $29M funding round
The prediction market payments firm closed a $29.2 million Series A to build real-time payment rails for traders and institutions alike
Prediction markets have a money problem. Not a lack of it, but a plumbing issue. Getting funds in and out of platforms like Kalshi and Polymarket fast enough to keep up with real-world events has been a persistent headache. EDGE Markets just raised $29.2 million to fix exactly that.
The fintech company, which specializes in payment infrastructure for gaming and prediction markets, closed its Series A round led by CoinFund. Indicator Ventures, Mantis VC, StepStone Group, and Bullpen Capital also participated. Alongside the funding, EDGE Markets unveiled two new products: EDGE Connect, a real-time payment rail for individual traders, and EDGE Pro, a banking solution built for institutional users and market makers.
Payment delays and high transaction costs have historically throttled participation and suppressed liquidity on prediction platforms. EDGE Connect targets the retail side of this equation, functioning as a real-time payment rail purpose-built for prediction markets. EDGE Pro addresses the institutional gap as a banking solution designed for the specific needs of market makers and larger financial actors who require higher throughput and more sophisticated account management.
From sports betting to prediction markets
EDGE Markets didn’t start here. Founded in 2020 by CEO Seni Thomas and headquartered in Wilmington, Delaware, the company initially carved out its niche in US sports betting payments. Its first major product, EDGE Boost, is a high-limit debit platform for gaming transactions that incorporates responsible gaming features.
The company raised $17.2 million in seed funding in March 2025 to support EDGE Boost’s development. The total funding now stands at $46.4 million across both rounds.
EDGE Markets appears to be focused on traditional payment systems rather than direct cryptocurrency integration at this stage, even as prediction markets themselves increasingly intersect with crypto infrastructure. Regulatory clarity around digital assets continues to evolve, and building on established payment rails may give EDGE Markets a compliance advantage over competitors leaning more heavily into crypto-native solutions.