This startup wants to reduce payment friction on prediction markets

• EDGE Connect enables real-time payments from bank accounts to prediction market wallets, currently available on Kalshi with five other platforms in development
• EDGE Pro will serve as a hub for institutional market makers to move funds between CFTC-regulated prediction markets, pending National Futures Association approval
• EDGE Boost, launched in March 2025, has already processed over $2 billion in transactions for gambling and prediction market spending

Summary: EDGE Markets Launches Payment Solutions for Prediction Markets

Key Developments:

EDGE Markets, a banking platform for gambling and prediction markets, announced two new products launching Monday alongside a $29.2 million Series A funding round led by CoinFund.

New Products:

• EDGE Connect: A real-time payments system enabling individual traders to transfer funds instantly from bank accounts to prediction market wallets. Currently available on Kalshi, with plans to expand to five additional platforms in coming months.

• EDGE Pro: An institutional platform allowing market makers to efficiently move capital between multiple CFTC-regulated prediction markets. The product will launch to a waitlist pending regulatory approval from the National Futures Association.

Company Background:

Founded in 2020 by CEO Seni Thomas, EDGE Markets launched its EDGE Boost financial platform in March 2025. Boost has processed over $2 billion in transactions to date, focusing exclusively on gambling and prediction market deposits.

Market Context:

The products address critical infrastructure gaps in the rapidly growing prediction markets sector. Thomas emphasized the timing mismatch between 24-hour market operations and traditional banking hours, particularly during peak trading periods on nights and weekends. For institutional traders, the proliferation of multiple liquidity pools offering similar contracts creates a need for fast, efficient capital movement infrastructure.

Investment Rationale:

CoinFund managing partner Alex Felix stated EDGE is positioned to become "the default settlement layer for an entirely new category of financial markets," highlighting the platform's ability to match real-time market demands with appropriate payment infrastructure.

*Note: CNBC has a commercial relationship with Kalshi including customer acquisition and a minority investment.*