EDX Markets Raises $76M in Series C Led by SBI Holdings
- Funding Scale and Investor: EDX Markets successfully closed a $76 million Series C funding round led by Japan's SBI Holdings, with the capital earmarked for expanding institutional digital asset infrastructure, particularly in trading, custody, and settlement capabilities, reflecting strong confidence in the digital asset market.
- Infrastructure Development Plans: The new capital will focus on enhancing institutional digital asset infrastructure, covering regulated solutions required by traditional finance participants, aiming to accelerate the development of trade execution, post-trade settlement, and asset custody, thereby strengthening market competitiveness.
- Regulatory Bank Application: EDX Markets has filed an application with the Office of the Comptroller of the Currency to establish a federally chartered trust bank, which would enable it to offer regulated custody and settlement services directly, simplifying compliance processes for institutional clients and further solidifying its market position.
- Infrastructure and Market Trends: This funding underscores the growing institutional demand for regulated crypto trading venues, with EDX Markets' model reflecting a structure similar to traditional equity markets by separating trade matching from custody, thereby reducing counterparty risk and operational complexity.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00719 | 0.0124 | 0.0168 | 0.022 | 0.0264 | 0.0316 | 0.036 |
| Fibonacci | 0.0124 | 0.0161 | 0.0183 | 0.022 | 0.0257 | 0.0279 | 0.0316 |
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