According to Bloomberg, EDX Markets announced the completion of Series B financing, co-led by new investor Pantera Capital and existing investor Sequoia Capital. CEO Jamil Nazarali said the funds will be used to develop new technologies and expand EDX's presence in new markets abroad, but declined to disclose the exact size of the Series B round. EDX Markets has previously received support from top institutions such as Fidelity Investments and Charles Schwab.