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Circle Ventures Backs edgeX Ahead of Token Launch

Investment precedes native USDC integration and token launch as platform processes $5 billion in daily volume

By Amoo Jubril

8 hours ago

Last updated

8 hours ago

Circle Ventures Backs edgeX Ahead of Token Launch

KEY FACTS

  • Circle Ventures invested in decentralized trading platform edgeX ahead of its token launch planned before March 31.
  • The deal includes native USDC and Cross-Chain Transfer Protocol integration on the EDGE Chain blockchain.
  • edgeX processes approximately $5 billion in daily trading volume and serves over 295,000 users.

Circle Ventures has invested in decentralized trading platform edgeX as the project prepares for a token launch before March 31. The investment precedes an upcoming integration of native USDC and Circle’s Cross-Chain Transfer Protocol on the EDGE Chain.

Discussions between Circle and edgeX began in late 2025, with the investment completed last month. Circle Ventures served as the sole investor in the round, according to edgeX co-founder Kevin Wang.

Wang declined to disclose the investment structure, valuation, or whether Circle received a board seat. A Circle spokesperson confirmed the investment and integration plans but withheld additional details.

The platform previously raised a pre-seed round led by Amber Group in December 2024. Amber Group incubated the project. Wang did not reveal the size of that earlier funding round.

edgeX Growth: From Testnet to Top-Tier Trading Volumes

Founded in March 2024, edgeX launched its testnet and V1 in August of that year. The platform primarily operates a decentralized perpetual futures exchange available across web and mobile applications.

edgeX now serves more than 295,000 users and processes approximately $5 billion in daily trading volume. The platform supports roughly $1 billion in open interest across its markets.

Adoption has been particularly strong in Asia. The company attributes this growth to its mobile-first user experience and institutional-grade liquidity infrastructure.

“edgeX integrates crypto, stocks, and commodities in a single application, supporting both perpetuals and spot markets,” Wang stated. The platform has also partnered with Polymarket to incorporate prediction markets into its trading environment.

Real-world asset perpetual futures have emerged as a key growth driver for edgeX. Gold and silver now rank among the most actively traded markets on the platform.

According to DefiLlama data, edgeX stands as one of the top revenue-generating DeFi platforms currently operating in the market.

Circle Expands USDC Infrastructure Across DeFi

The upcoming USDC and CCTP integration will bring native USDC to the EDGE Chain. This blockchain serves as the foundational infrastructure underpinning the edgeX platform.

The integration aims to support interoperable, onchain settlements. It will enable new use cases for institutions, traders, market makers, and other participants within the edgeX ecosystem.

Circle has been actively expanding its USDC infrastructure across major platforms. In February 2026, Circle announced a partnership with Polymarket to provide native USDC settlement for the prediction market platform.

That collaboration will transition Polymarket from Bridged USDC to native USDC. Native USDC is issued by Circle’s regulated affiliates and maintains one-to-one redeemability for US dollars.

Circle, which trades on the NYSE under ticker CRCL, described itself as one of the world’s leading internet financial platform companies.

Jeremy Allaire, Circle’s co-founder and CEO, stated that the internet financial system enables money to operate at internet speed. He noted that Polymarket has led innovation in connecting information speed with market speed.

The Circle partnership positions the platform to compete for institutional capital with enhanced settlement capabilities.

Disclaimer: Coinwaft is a crypto media platform providing cryptocurrency news, analysis, and trading information. The content of this article is for informational purposes only and should not be considered as financial, legal, or investment advice. Readers are advised once again to research or consult a financial expert before making any financial decision.

© 2026 Coinwaft. All Rights Reserved.

Amoo Jubril

Amoo Jubril

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I’m a blockchain-focused content writer helping crypto brands build trust through storytelling that’s simple, authentic, and community-driven

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