Circle Ventures has invested an undisclosed sum in decentralized trading platform edgeX ahead of the project’s planned token launch and upcoming integration of native USDC and Circle’s Cross-Chain Transfer Protocol (CCTP) on the EDGE Chain.
Discussions between the companies began in late 2025, and the investment was completed last month, edgeX co-founder Kevin Wang told The Block. Circle Ventures was the sole investor in the round, Wang said, declining to disclose the structure of the investment, valuation, or whether Circle took a board seat, either advisory or directorial. A Circle spokesperson separately confirmed to The Block the investment in edgeX and the USDC and CCTP integration, but declined to share further details.
The investment comes as edgeX prepares to launch its token before Mar. 31. The platform previously raised a pre-seed round led by Amber Group, which incubated the project, in December 2024. Wang declined to share the size of that round.
Founded in March 2024, edgeX launched its testnet and V1 in August 2024. Today, the platform primarily operates a decentralized perpetual futures exchange available across web and mobile. edgeX said it now serves more than 295,000 users, processes about $5 billion in daily trading volume, and supports roughly $1 billion in open interest. Adoption has been particularly strong in Asia, driven by a mobile-first user experience and “institutional” liquidity, edgeX said.
“edgeX integrates crypto, stocks, and commodities in a single application, supporting both perpetuals and spot markets,” Wang noted. “In addition, edgeX has partnered with Polymarket to bring prediction markets into the same trading environment.”
Wang added that real-world asset (RWA) perpetual futures have become a key growth focus for edgeX, with gold and silver now ranking among the most actively traded markets on the platform. edgeX is one of the top revenue-generating DeFi platforms, according to DefiLlama data.
edgeX has around 40 employees and is currently hiring, particularly for trading community manager roles, Wang said, adding that the founding team brings more than six years of experience designing derivatives products for institutional clients.
Looking ahead, Wang said edgeX’s goal is to expand perpetual futures trading beyond crypto-native users and position perpetual futures as a broader global trading primitive. Wang said edgeX is focused on attracting active traders rather than short-term incentive-driven capital, emphasizing education and product design as key priorities for growth.
The upcoming USDC and CCTP integration will bring native USDC to the EDGE Chain, the blockchain that underpins edgeX. The integration is intended to support interoperable, onchain settlements and enable new use cases for institutions, traders, market makers, and other users within the edgeX ecosystem.
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© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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