EDGE Markets Launches Payment Solutions for Prediction Markets, Raises $29.2M Series A
EDGE Markets, a banking platform for prediction markets and gambling, announced two new products and a $29.2 million Series A funding round led by CoinFund. EDGE Connect enables real-time fund transfers to prediction market exchanges like Kalshi, while EDGE Pro serves institutional traders across multiple CFTC-regulated platforms. The developments reflect growing institutional interest in prediction markets and efforts to reduce friction in moving money between exchanges.
EDGE Markets unveiled EDGE Connect, a real-time payments system that allows individual traders to transfer funds from bank accounts to prediction market wallets within two minutes, and EDGE Pro, a platform for institutional market makers to move capital across multiple CFTC-regulated prediction market exchanges. The company secured $29.2 million in Series A funding from venture capital firm CoinFund. CEO Seni Thomas highlighted that the products address a critical gap: prediction markets operate 24/7 while traditional banking infrastructure slows during nights and weekends. EDGE Connect is currently live on Kalshi with plans to expand to five additional platforms, while EDGE Pro awaits regulatory approval from the National Futures Association. Since launching EDGE Boost in March 2025, the company has processed over $2 billion in transactions.
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The second source (Yahoo Finance) headline references Robinhood's prediction market activities but the provided excerpt does not contain substantive content to compare framing or identify missing context from the CNBC article.
What different sources said
- CNBCCenter
This startup wants to reduce payment friction on prediction markets
- Yahoo FinanceCenter
Rothera: Robinhood’s Prediction Market Empire Is Quietly Taking Shape
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