Edge Markets, a provider of banking infrastructure for gambling and prediction markets, secured $29.2M in Series A funding led by CoinFund. The capital will support the company's real-time payment services on platforms like Kalshi.
Edge Markets specializes in banking tools designed specifically for prediction market and gambling platforms. The company powers real-time payment functionality on Kalshi, a regulated prediction market platform that has seen growing institutional interest.
The Series A round, led by crypto-focused investment firm CoinFund, reflects continued investor confidence in the prediction market sector. Market volumes on platforms like Kalshi have grown substantially as institutional players increasingly participate in event-based betting and forecasting.
Edge Markets' infrastructure addresses a key operational need: enabling seamless financial transactions on prediction and gambling platforms. As these markets scale and attract institutional capital, reliable banking and payment systems have become critical infrastructure.
The funding comes amid regulatory clarity around prediction markets in the U.S., with platforms like Kalshi operating under CFTC oversight. Edge Markets' tools help these platforms manage the complex financial operations required for compliant market operations.
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